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Reply from VSR on Feb 5 at 12:09 AM Hi,
Asset A/c Dr
To Profit & Loss A/c Cr
Regards,
VSR
| | | ---------------Original Message---------------
From: Rizwan ul Haque
Sent: Tuesday, February 04, 2014 12:01 PM
Subject: Asset Appreciation in a Dairy Farm
I am working in dairy farms as a SAP Business Process Analyst,
- At the time of birth of Calf its some value (say, $ 3,000) from age of day-1 to 18 months
- After the 18 months of age, it's (cow) ready for milking, at this stage, it's value appreciated as per the market become $ 27,000 (approx)
- My Q? how can we make the accounting entry of this figure ($ 27,000) Debit & Credit ?
Reply will be highly appreciated.
Thanks
Rizwan |
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