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    hasnida's Avatar
    hasnida Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 23, 2010, 08:27 PM
    How to record returned fixed asset
    6th july 2009 - cost of 2 unit water filter - 10000
    26th aug 2009 - returned 1 unit water filter
    How to capture the entry
    Thank you
    Please reply. [email protected]
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
    		  
    #2

    Apr 24, 2010, 04:16 AM

    DEBIT Amounts Receivable 5,000
    CREDIT Asset Account 5,000

    Being 26TH AUG 2009 - RETURNED 1 UNIT WATER FILTER
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