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Contra account :Acqusition Value

pranav_gupata
Participant
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5,872

Hi Expert,

i have one doubt , while AO90 asset GL assignment where there is one filed i.e Contra account : Acquisition Value . :________ : what is use of this field which type of Business transaction for the same field to give GL Account .

kindly explain with accounting entry as well.

kindly help me.

Kind regards

Pranav

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changlin_ke
Participant
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So what account should we fill in the blank "Contra account: Acquisition value:" ?

jamal_haider
Discoverer
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Current Liability GL