Accountancy, asked by rohibansal258258, 1 year ago

Where will you transfer profit on sale of fixed asset?

Answers

Answered by biseshsahoo6969
1

We should deposit in the bank


rohibansal258258: No
rohibansal258258: you are wrong bro
Answered by rayswarnendu0
5

It would be transferred to the credit side of profit and loss account.



rayswarnendu0: For npo or profit making company it may vary
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