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We enter amount of an asset …

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We enter amount of an asset in books of accounts at purchase price and not at market value...then at time of sell of asset we sell it at market vaue. So how do we mention the profit/loss amount (if market value more then profit ,if market value less then loss) in books of records?

Posted by Punyasha Ghone 8 years, 6 months ago

CBSE > Class 11 > Accountancy

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