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JOURNAL ENTRY OF LAND SALES WITH INDEX BENIFIT

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2 Points Posted on 21 July 2020

JOURNAL ENTRY OF LAND SALES WITH INDEX BENIFIT

IF PURCHASE PRICE RS 10,000

INDEX BENIFIT IS RS 7000

SALES PRICE RS  20000

WHATS JOURNAL ENTRY FOR INDEX EFFECT RS 7000

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On 21 July 2020 at 16:49 Report
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auditor
29 Points Posted on 21 July 2020
Purchaser account Dr 20k, Purchase of Land account Cr 10k, Benefit on Sale of Land account Cr 10k
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On 21 July 2020 at 18:25


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