0
What else can I help you with?
How do you do a journal entry for sale of equipment with a promissary note?
debit equipment accountcredit promisary note
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 must a journal entry always include?
a journal entry must include atleast one debit and one credit account to be a legal journal entry.
How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
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
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 must a journal entry always include?
a journal entry must include atleast one debit and one credit account to be a legal journal entry.
How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
What is journal entry owner widraws equipment from business?
debit drawingscredit equipment
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
What is the journal entry for selling equipment?
no cash dr and sales cr
What is the journal entry when the owner withdraw equipment for personal use?
debit drawingscredit office equipment
What is the journal entry for paying off an equipment loan?
debit equipment loancredit cash / bank
How do you record a journal entry for donating equipment?
debit equipment accountcredit donation
How do you record a journal entry for a purchace of equipment at a fire sale?
debit equipment accountcredit cash / bank
What is journal entry for equipment purchase made with cash?
debit equipmentcredit cash
