Depreciation on TATA Magic
This query is : Resolved
Quick Summary
12 August 2023
A society running school owns a tata magic for carrying the student to school.
WDV as on 31-03-2022 Rs 223607, sold on 21-11-2022 for Rs 200000
How to show this transaction in the books of account
WDV as on 31-03-2022 Rs 223607, sold on 21-11-2022 for Rs 200000
How to show this transaction in the books of account
12 August 2023
Provide Depreciation After that show the valance as Profit or Loss...
12 August 2023
Depreciation will be provided till October 2022 and after providing depreciation if any loss or profit should be charged to pl account
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