Accounting entry fo sale of car

Bhavesh (Accounts) (894 Points)

14 July 2013  

A Firm has Sale a Car for Rs. 285000/- on 06th July 2013. The Car Was Purchased in the Year 2009-10 for rs. 5,50,000/-. The WDV is 262896/-. The Cost as on 31-03-2013 comes to 2,87,104/-. What Entry has to be passed for the sale of Car. Whether depreciation has to be claimed for 3 Months. Can anybody explain me in details. The Flat Rate of 15% depreciation has been taken. Thanks in advance