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Who may be found financially responsible in the event of lost damaged or destroyed equipment on your account?
Wiki User
∙ 14y ago
Punitive damages can be brought against an individual or the OWGM/EC for damage to ADPE caused by improper care
Wiki User
∙ 14y ago
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The office equipment account is classified as?
The office equipment account is classified as an asset. Office equipment is an account that is amortized each year to show a devaluation for tax purposes.
Who is responsible for confirmping your bank account balance?
who is responsible for confirming your bank account balance
Is equipment a debit or credit balance account?
equipment is a fixed asset.so it's a Debit balance account.
What type of account is equipment?
Equipment is a long term asset account available for business to generate economic revenue.
What types of events make the equipment account go up Are these debits or credits to equipment?
The purchase or receipt of equipment make the equipment (ASSET) account go up. The entry is a debit to equipment and a credit to cash or accounts payable.
Is realisation account real account?
realization account... never heard but what i know if you sold something like equipment.. that equipment was realized.. so realization took place there
If your father gets an extra credit card for you on his account to purchase items for him can you be held responsible for his debt?
No, unless you are responsible for his account already.
What is the accounting journal entry for Purchase equipment for 10000 cash?
Equipment (asset account) - DR 10,000 Cash / Bank account - CR 10,000
Which of the following is considered a transaction account?
equipment
What is the normal balance of Equipment account?
debit
You are an authorized user of a business card account are you liable as an authorized user?
No, authorized users are not responsible for an account. Only the actual account holder is responsible for all debt that is incurred.
Responsible for payment?
The Accounts Payable clerk is responsible for providing payment on an account.
