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What is journal entry for equipment purchase made with cash?
debit equipmentcredit cash
What is the journal entry for cash paid against purchase of equipment?
debit equipmentcredit cash
How do you write Journal entry for equipment rent to somebody?
There is no journal entry when equipment rented out to somebody as there will be entry when actual rent received.
How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
What is the accounting journal entry for Purchase equipment for 10000 cash?
Equipment (asset account) - DR 10,000 Cash / Bank account - CR 10,000
What is journal entry for equipment purchase made with cash?
debit equipmentcredit cash
What is the journal entry for cash paid against purchase of equipment?
debit equipmentcredit cash
How do you write Journal entry for equipment rent to somebody?
There is no journal entry when equipment rented out to somebody as there will be entry when actual rent received.
What is the journal entry for a purchase of equipment when you want to charge half of the cost to the tenant?
[Debit] Equipment [Credit] Cash / bank (half) [Credit] Tenant
What is journal entry owner widraws equipment from business?
debit drawingscredit equipment
How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
What is the accounting journal entry for Purchase equipment for 10000 cash?
Equipment (asset account) - DR 10,000 Cash / Bank account - CR 10,000
What is the accounting journal entry to record the purchase price of a business?
The accounting journal entry to record the purchase price of a business is debit. The debit will decrease the assets reflecting the purchase price.
What is the journal entry for purchase returns?
[Debit] Purchase Return [Credit] Purchases
What is a journal entry to buy equipment with common stock?
Equipment is not actually bought using common stock rather it is purchased from cash by issuing common stock so journal entry is : [Debit] Equipment [Credit] Cash / bank
How do you do a journal entry for sale of equipment with a promissary note?
debit equipment accountcredit promisary note
What is the journal entry when the owner withdraw equipment for personal use?
debit drawingscredit office equipment
