Sale on car
This query is : Resolved
03 August 2019
Dear Sir,
I am sale a motor car through car 24 agency @ 398000/- where as my car book value is 410000. I am doing below entry
Sale on Car 24 - Dr 398000/-
Loss on sale of car - Dr.12000/-
To Motor Car - 410000/-
My questing is which head is Car 24? is it Sundry Debtors?
Kindly help.......
Regards,
Raju Dey
I am sale a motor car through car 24 agency @ 398000/- where as my car book value is 410000. I am doing below entry
Sale on Car 24 - Dr 398000/-
Loss on sale of car - Dr.12000/-
To Motor Car - 410000/-
My questing is which head is Car 24? is it Sundry Debtors?
Kindly help.......
Regards,
Raju Dey
04 August 2019
Yes it's sundry debtors...................
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