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  1. Answers
    3
    Views
    6,779

    Yes, because we got profit here.. so the entry...

    Yes, because we got profit here.. so the entry would be..

    Cash A/c - Dr 42000
    To Profit on sale of investment 12000
    To Long Term Investment A/c ...
  2. Answers
    3
    Views
    6,779

    Yes, because we got profit here.. so the entry...

    Yes, because we got profit here.. so the entry would be..

    Cash A/c - Dr 42000
    To Profit on sale of investment 12000
    To Long Term Investment A/c ...
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