Change of use of car
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2015
i am running proprietorship business
i purchase car for business travels,
car ac is shown as assets in business balance sheet
now i change the use of car from business to personal travel..
how can i make entry to remove car from business assets..
i purchase car for business travels,
car ac is shown as assets in business balance sheet
now i change the use of car from business to personal travel..
how can i make entry to remove car from business assets..
19 July 2015
The entry is
Capital ac Dr
To car ac Cr.
Capital ac Dr
To car ac Cr.
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