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Fixed Assets - EBS (MOSC)

Trade of asset scenario

Nov 1, 2012 9:05AM edited Nov 9, 2012 7:03AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered

Hi,

How to solve the following scenario in application?

Asset A cost is Rs 10,000 and depreciation is Rs 6,000 and the book value is Rs 4,000

I have a party who is purchasing asset A in exchange of Asset B which having cost Rs 15,000 and depreciation Rs 7,000 and NBV Rs 8000

So we need to pay Rs 4000 more against asset B.

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