Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
J/E to record sale of company property
[ 3 Answers ]
Non-profit company: I am looking for the proper J/E to make for sale of company property expensed (not fixed asset) 10 years ago. Not sure of original cost etc. Also, if we give away a fixed asset fully depreciated is the entry simply? Accum depr (dr) Asset (cr) Thx
How do I record gain or loss on retirement of bonds?
[ 1 Answers ]
The December 31, 2004, balance sheet of Dodge Corporation includes the following items: 9% bonds payable due December 31, 2013 $1,400,000 Unamortized premium on bonds payable 37,800 The bonds were issued on December 31, 2003, at 103, with interest payable on...
Property Inheritance & Sale / Capital Gain or Loss
[ 5 Answers ]
Mother in law passed July 1, 2009 leaving a house to brother & sister (my wife). They sold the house at auction in Ogden, Kansas Sept 15, 2009 House sold for $46,000 with the following fees taken out ….2,300 real estate commission; 376.50 Fees to Abstracters ( 176.50 Owners Policy + 200 Settlement...
How the loss or gain on the sale of fixed asset will be adjusted
[ 1 Answers ]
How the loss or gain on the sale of fixed asset will be adjusted Whether it will be deducted from gross profit or owner's equitiey? Thanks Best regds Gulam rasool View more questions Search
|