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

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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