0
What else can I help you with?
How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
Which Journal entry is used to record equipment purchased on account?
debit equipmentcredit accounts payable
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 a company would record when it purchases equipment and pays cash?
[Debit] Equipment account [Credit] Cash / bank
What is the journal entry for donating fixed asset?
debit donationcredit fixed asset
How do you record a journal entry for sale of equipment?
Debit cash / bankCredit equipment
How do you record a journal entry for a purchace of equipment at a fire sale?
debit equipment accountcredit cash / bank
Which Journal entry is used to record equipment purchased on account?
debit equipmentcredit accounts payable
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 a company would record when it purchases equipment and pays cash?
[Debit] Equipment account [Credit] Cash / bank
What are the accounting journal entry to record the exchange of debt for equipment?
[Debit] Debt Account xxxx [Credit] Asset/Equipment xxxx
Why you post journal entry?
Journal entry is the basic transaction to record the business transaction and without journal entry no record can be maintained.
What is the journal entry for donating fixed asset?
debit donationcredit fixed asset
What is the purpose of journal entry?
A journal records what you're findings are
You record the debit entry for transaction a 5 1 in the journal as?
You record he credit entry for transaction (a) 5/1 in the journal as
How do you record a journal entry in QuickBooks?
To record a journal entry in QuickBooks, go to the Company menu, select Make General Journal Entries, enter the date and journal entry number, choose the accounts to debit and credit, input the amounts, and save the entry.
Why do you need to do journal entry?
Journal entry is required to record business transaction in books of accounts and without journal entry no business transaction can be recorded in books.
