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...
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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