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Haan jee entries 2 he houn ge aik purchase ki and scrap sale ki bcz hum accident ki entry accounting register me nahi krty, 2nd agr depreciation value or rate aap ny btaia hota tu us ki hoti entry...Originally Posted by ShaZil
Thanks for your reply, can you please make it more clear so i can understand. i think it will be good if you show me how to perform entries.because ap ney sirf 2 entries batai hain. baqi entries missing lag rahi hain.
1st entry is
Asset (car) (dr.)
Cash (cr.)
(with 50000)
2nd entry is
Cash (dr) with 10000
loss on sale (dr) with 40000 (if not depreciate asset)
Asset (cr.) 50000
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