Question

ig
UVIVU.
Office equipment worth
9,000 sold for
11,000.what is journal entry ​

Answer 1

cash a/c. dr. 11000

to, ofc equipment a/c 9000

to, p/L on sale of asset a/c 2000

(being the sale of asset for a profit of rs 2000)

Answer 2

Answer:

cash a/c dr. 11000

to p/l account 2000

to office equipment 9000

Explanation:

cash a/c dr. - " because money comes in business that's dr. (accordingly traditional rules)

p/l account - " because it's equipment price 9000 and sales 11000 . you can identify it's profit. accordingly rules it's cr.

office equipment - " it's worth 9000 and which comes in than it's cr.