When we sold a machinery on profit where it should write in machinery account?
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Machinery a/c -----------Dr.
To sales a/c
To sales a/c
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When we sold a machinery on profit
It should be write in machinery a/c in the debit side.
Journal entry is that.
Machinery a/c Dr.
To P/L a/c
(being profit trf. To Machinery a/c)
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