Accounting treatment of used tractor loss (for dealership)


This query is : Resolved 

01 February 2018 Used Tractor Loss on sale of used tractor Rs.50000 how the same will be displayed in Profit & Loss account (its normal loss for Tractor Dealership)

please help

RAJA P M (Expert)
02 February 2018 Show the value in PandL account as "Loss on Sale of Tractor "...

02 February 2018 thanks sir for your reply


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