Show the Journal entries and General Ledger accounts in the books of XYZ Traders for the sale of a Motor Vehicle. Original Cost of Motor Vehicle $60,000; Accumulated Depreciation on Motor Vehicle...

Show the Journal entries and General Ledger accounts in the books of XYZ Traders for the sale of a Motor Vehicle.

Original Cost of Motor Vehicle $60,000; Accumulated Depreciation on Motor Vehicle $15,000

Sold the Motor Vehicle for $41,500 (ex GST) for cash on 30 June

XYZ TRADERS
General Journal
Date	Particulars	Post Ref	Debit	Credit
2015










Cash Receipts Journal of XYZ Traders
Date	Details	Folio	Other	GST	Bank

Jun 02, 2022

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