Sale of fixed asset
This query is : Resolved
04 December 2013
we sold our old printer and bought the new printer from same person.how to book the jv for loss on sale of fixed asset
04 December 2013
Dr.Accumulated dep.. on old printer
Dr.cash/bank(sale value of old printer)
Dr.Loss on sale of Asser(balance figure)
Cr.Old printerA/c
Dr.cash/bank(sale value of old printer)
Dr.Loss on sale of Asser(balance figure)
Cr.Old printerA/c
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