There is no journal entry when equipment rented out to somebody as there will be entry when actual rent received.
debit cash / bankdebit accumulated depreciationdebit loss (if any)credit fixed asset accountcredit profit (if any)
Entry On the Buyer Side; Dr. A/P (rebated amount) CR. Puchase Disc Is this the right entry?
Debit retained earnings / amortizationCredit goodwill account
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.
Debit amortization of financing costCredit financing cost
journal entry to write off a loan
we start it with a date,write about the topic using ''I''
Journal Entry: Orientation Reflection
how to write and ajusting entry for building depreciate and equipment
dear ........................
debit cash / bankdebit accumulated depreciationdebit loss (if any)credit fixed asset accountcredit profit (if any)
example suman moters of rs 10000 is write off then what is the entry
Entry On the Buyer Side; Dr. A/P (rebated amount) CR. Puchase Disc Is this the right entry?
debit Retained earningscredit loan to company
Debit bankCredit retained earnings
Debit notes payableCredit cash /bank
Debit retained earnings / amortizationCredit goodwill account