ACCOUNTING TREATMENT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 February 2011
TREATMENT OF PROFIT ON SALE OF FIXED ASSETS UNDER COMPANIES ACT 1956
11 February 2011
charge depn upto the date of sale and difference between cost less accumulated depn and the sales value should be charged to P & L A/c.
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