machinery costing rs 700 sold at a loss of rs 100 - journal entry

Cash or Bank A/c Dr. 600
Loss on sale of machinery A/c Dr. 100
To Machinery A/c 700
  • 0
Cash a/c dr 600 p&l a/c dr 100 to machinery a/c
  • 0
Cash A/C .....dr
Loss on sales A/C ....dr
To Machinery A/C
  • 0
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