Forum Discussion
Timtam
9 years agoCover User
Hi
I am new and have been asked by the accountant to enter a general journal entry for the purchase and sale of a mv.
The client purchased the mv in 2000 privately no gst.
He sold it in 2012 for 2000 no gst.
I have set up an at cost MV account 1 - 2211.
Also what date should it be recorded as i am doing paperwork from 2011 onwards.
All help appreciated.
Cheers Tam