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प्रश्न
Pass a journal entry if a machine having a book value of ₹ 15,000 is given to Rakesh, a creditor of ₹ 22,000 for ₹ 12,000 against his dues?
रोजनामा प्रविष्टि
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उत्तर
| Journal Entry | ||||
| Date | Particulars | L.F. | Debit (₹) | Credit (₹) |
| Realisation A/c ...Dr. | 10,000 | - | ||
| To Cash/Bank A/c | - | 10,000 | ||
| (Being the remaining balance paid to creditor Rakesh after deducting the value of the machine. | ||||
Working Note:
Net Cash Payable = Total debt due to Creditor − Agreed value of Machine taken over
= 22,000 − 12,000
= 10,000
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