Accountancy, asked by anupsinghhagmailcom, 5 months ago

does sale of an asset is recorded in sales book?

Answers

Answered by suyoggogawale934

Answer:

No it is not recorded in sales book

Answered by pooja9070

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.

Previous Question

Next Question

Similar questions

English, 2 months ago

Good evening everyone How was your day Have a nice Night Greetings from Khushboo...XD Question:- What is photosynthesis?

Physics, 2 months ago

A shaving mirror has a radius of curvature of 30 cm. A man sees his image 2.5 times the size of his face. How far is the mirror from his face...

Math, 2 months ago

a tv costs 800 plus VAT at 20%. what is the total cost of the tv...

Math, 5 months ago

this question i have a doubt...

Social Sciences, 5 months ago

On your own Write Character sketch of Mr hardcastle...

Math, 11 months ago

3 murgi 3 din me 3 ande deti hai to 15 murgi 15 dino me kitne ande degi...

English, 11 months ago

me meaning (ii) His team had selected a site. (Frame a 'wh’question to get underlined part as answer...

Science, 11 months ago

function of gustatory receptor is to ?

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

Answers

does sale of an asset is recorded in sales book?