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Book Value of Fixed Assets
Deepak_Juyal
Member Posts: 2
Hello,
I have Problem in Sale of Fixed Assets.
I have purchase the fixed assets of Rs.20000/ on dt.01.04.11.
I have sold the assets assets on 31.05.11 of Rs.15000/-
Sytem pass the entry:
Customer Dr 15000/-
Loss A/c Dr 5000/-
Fixed Assets Card Cr 20000/-
Fixed assets Card showing value is zero.
But the amount shown in book value of Rs.5000/-.
Any body please help me in this matter.
I have Problem in Sale of Fixed Assets.
I have purchase the fixed assets of Rs.20000/ on dt.01.04.11.
I have sold the assets assets on 31.05.11 of Rs.15000/-
Sytem pass the entry:
Customer Dr 15000/-
Loss A/c Dr 5000/-
Fixed Assets Card Cr 20000/-
Fixed assets Card showing value is zero.
But the amount shown in book value of Rs.5000/-.
Any body please help me in this matter.
0