Old company’s car sold what entry should made in tally? ( gst system)

Old company’s car sold what entry should made in tally? ( gst system)

Add Comment
2 Answer(s)

By cash received from old car sold account RS. 100000/-(Credit) To car Account RS.100000/- (debit) If any different value in the Balance sheet as car Account after deduct.

Answered on September 7, 2017.
Add Comment

After deduct The depreciation value, Please close the value as a loss on the car.

Answered on September 7, 2017.
Add Comment

Your Answer

Gen GST