answersLogoWhite

0


Best Answer

Equipment (asset account) - DR 10,000 Cash / Bank account - CR 10,000

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

9y ago

debit equipment 10000
credit cash 10000

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the accounting journal entry for Purchase equipment for 10000 cash?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What will be the journal entry of received Rs10000 against debt of Rs12000 from JLtd?

[Debit] Cash 10000 Credit J ltd 10000


Should pass journal entries first in tally 7.2 or open ledger?

furniture account a/c dr 10000 to cash a/c 10000 journal entries are always passed first than ledger creation.


What is the journal entry if i received 10000 as a interest income and 10 percent percent advance income tax paid?

debit cash 9000debit tax 1000credit interest income 10000


Journalize A 10000 deposit from XYZ for 2000 unit of product XYZ has 20 days to purchase the good for the fair market value of the goods on the date of purchase otherwise the deposit will be refund?

[Debit] Cash / bank 10000 Credit Customer deposit 10000


What is the journal entry for a 9000 long term loan that will be repayed at 10000 at a later time Also what is the journal entry for repaying this loan in full?

Debit cash / bank 9000Credit long term loan 9000Debit long term loan 9000debit loss on repayment 1000Credit cash /bank 10000


A machine is currently recorded in the books of a business with a cost of 10000 and accumulated depreciation of 3000 the machine is sold for 8000 account for disposal?

Accounting Entry: [Debit]Cash 8000 [Debit]Accumulated Depreciation 3000 [Credit] Machine 10000 [Credit]Profit on Sale 1000


Which is the journal entry to write off an investment?

example suman moters of rs 10000 is write off then what is the entry


What is the average salary of entry level accounting jobs?

Entry level accountants can make $10000-$30000. It also depends on the job position.


What is the journal entry for started business with cash rs 4000 and furniture rs 10000?

Debit cash 4000debit furniture 10000Credit capital 14000


How do you enter journal entries in tally 7.2 for eg We are purchasing some materials like penpencilrubber etc from XYZ.?

cash deopsit in bank a/c 10000


What is the journal entry for 10000 shares of 2 par stock at 9 per share?

debit cash / bank 90000credit share capital 20000credit share premium 70000


How many Americans possess contents insurance?

The number of Americans that possess contents insurance is somewhere between 10000 and 20000, according to the American National Daily Medical Journal.