( No journal entry will take place in this scenario. However, you will need not to show the sale of that one AC which you installed in your shop. That one AC you will treat as fixed asset and charge depreciation on this.... )
Yes... I agreed.
Journal entry required to any of the reversal if it's already accounted....
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Journal entry
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( No journal entry will take place in this scenario. However, you will need not to show the sale of that one AC which you installed in your shop. That one AC you will treat as fixed asset and charge depreciation on this.... )
Yes... I agreed.
Journal entry required to any of the reversal if it's already accounted....
Yes... I agreed.
Journal entry required to any of the reversal if it's already accounted....
So u hv passed the entry as reteriated.
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