Accountancy, asked by anupsinghhagmailcom, 4 months ago

does sale of an asset is recorded in sales book?​

Answers

Answered by suyoggogawale934
1

Answer:

No it is not recorded in sales book

Answered by pooja9070
1

Explanation:

The sale of a plant asset should not be recorded in the sales account. ... Rather, the gain or loss on a sale of a plant asset is reported on the income statement as a separate item.

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