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How do you write Journal entry for equipment rent to somebody?

Anonymous

∙ 11y ago

Updated: 9/16/2023

There is no journal entry when equipment rented out to somebody as there will be entry when actual rent received.

Wiki User

∙ 11y ago

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What is the journal entry to write off partially depreciated equipment?

debit cash / bankdebit accumulated depreciationdebit loss (if any)credit fixed asset accountcredit profit (if any)

How do you write a journal entry for the purchase of goods with a rebate?

Entry On the Buyer Side; Dr. A/P (rebated amount) CR. Puchase Disc Is this the right entry?

What is the journal entry to write off goodwill?

Debit retained earnings / amortizationCredit goodwill account

What is the general ledger journal entry to write stale checks?

You need to check the original journal entry for the check transaction. Then reverse all the original entries by Dr where you initially Cr and vice versa.

What is the journal entry to write off financing costs?

Debit amortization of financing costCredit financing cost

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What is the journal entry to write off partially depreciated equipment?

debit cash / bankdebit accumulated depreciationdebit loss (if any)credit fixed asset accountcredit profit (if any)

Which is the journal entry to write off an investment?

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How do you write a journal entry for the purchase of goods with a rebate?

Entry On the Buyer Side; Dr. A/P (rebated amount) CR. Puchase Disc Is this the right entry?

What is the journal entry to write off a loan to a company?

debit Retained earningscredit loan to company

Journal entry to write off old outstanding checks?

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What is journal entry to write off note payble?

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