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Accounting Case Studies

Accounting Case Studies

Our digital marketing department is upgrading their hardware and hence decide to give away 2 of their older model computers.
These computers have been used only for 3 years and they are giving it to our own branch in Ernakulam for 100,000.
Now, the original price of the computer was 200,000.
The accumulated depreciation for these 3 years is 120,000.
What entry will you pass here.

𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐂𝐚𝐬𝐞 𝐒𝐭𝐮𝐝𝐢𝐞𝐬 – 𝟎𝟓

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