Accountancy, asked by naman6554, 1 year ago

in accounts class 11 in ch-financial statements with adjustments -the adjustment is when motor car is used partially for business and for personal use.

Answers

Answered by kiran9999
0
it is calculated and adjusted based on the period of usuage in the current financial year
naman6554: please tell me how to appy it in p and L a/c and balance sheet
kiran9999: in profit and loss account the depreciation of the financial year should be posted and in balance sheet deduct the depreciation amount from the asset value
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