There is an asset Motor Car of value 47850 which has meet with an accident in july instead of closing this asset they have run the Dep till Nov whn they received the Amount frm insurance company they came to know tht they have to close the asset in july now they wnt to close in Dec
Entry must be like this
1. Dr Headoffice 33750
2. Dr Accm.Dep 11982.16
3. Cr Vehicle Cost 47850
4. Dr Gain nd Loss 2117.84
I am posting the above Entry through F-92 and i am facing the problem in second Line item when i am posting this line item through asset number this asset number is not picking the accumulated depreciation GL