Customer Service Chat
Get quote & make Payment
Sale of an asset on account of depreciation, accounting, Basic Statistics
Write a short note on Sale of An Asset on account of Depreciation.
Ans. An asset can be sold anytime before or after its useful life estimated time, in case the asset is sold more than its existing written down value it will be a case of profit and opposite to it if the sale is less the existing book value of the asset than it will be case of purely loss, whiter there is loss or profit the both will be entered into the profit & Loss Account. In case of Profit the Profit & Loss Account will be credit and if loss is there then the Profit and Loss Account will be debited.
Posted Date: 3/26/2012 1:03:29 PM | Location : United States
Ask an Expert
Sale of an asset on account of depreciation, accounting, Assignment Help, Ask Question on Sale of an asset on account of depreciation, accounting, Get Answer, Expert's Help, Sale of an asset on account of depreciation, accounting Discussions
Write discussion on Sale of an asset on account of depreciation, accounting
Your posts are moderated
Write your message here..
Merger and acquisition , GE matrix of a company
GE matrix of a company
Operation research, meaning,definition,scope,origin,advantages and limitati...
meaning,definition,scope,origin,advantages and limitation of operation research ?
10-k report information, Where are Cash Equivalents and Marketable Securiti...
Where are Cash Equivalents and Marketable Securities noted on a 10-K report? What needs to be included as a minimum disclosure?
Clearing account, Clearing account An account used to build up entire char...
Clearing account An account used to build up entire charges, credits so that they can be disseminated later amongst the accounts to which they are allocable, so that the net diffe
Calculate the probability of company, a) The US Food and Drug Administrati...
a) The US Food and Drug Administration has veto power over the choice of drug names. In 2004, it used this power regularly, rejecting 36% of the names proposed by companies for re
Mean, It is a numerical average, as equal to the sum of terms in a given se...
It is a numerical average, as equal to the sum of terms in a given series divided by the number of terms in that series is the mean which is also called the expected value.
How many trucks get washed between smokes, A. Northbound trucks leaving Hel...
A. Northbound trucks leaving Helmand Province with USMC communications equipment must go through a washing process before getting underway, so as to prevent Tajikistan from gett
Method of analysis used by the firm, 1. (i) Complaints were made about the ...
1. (i) Complaints were made about the level of pollutants in the discharge from a certain factory. The factory refuted the complaints by showing the results of their own analysis
Perform the analysis, Your earlier comparison of three energy technologies ...
Your earlier comparison of three energy technologies showed only a borderline effect using the non-parametric Kruskal-Wallis statistic. This result left you hanging on a decision o
Probability tree, Modern hotels and certain establishments make use of an e...
Modern hotels and certain establishments make use of an electronic door lock system. To open a door an electronic card is inserted into a slot. A green light indicates that the doo
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.