Dear Sir/Madam,
in fixed assets a car in the shedule 1st Apr Rs.224074 and its sold on 12/02/18...
Then how can I depreciate l...?
How to show nil value i. asset head of the car?
cost - dep = wdv of car
wdv of car xxx
less; sale value xxx
net profit / loss xxx
GST NOT APPLICABLE ON SALE OF FIXED ASSETS (IT IS NOT IN OEDINERY COURSE OF BUSINESS)
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