answersLogoWhite

0

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.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What does it mean when you receive a letter that states benefits account activity?

It probably refers to the itemization of events, such as credits, debits, approvals, dates of activity, remainder of benefits, and summary of all the above, etc.


What is an account of past events?

An account of past events is a history of something.


The accounting process is correctly sequenced as?

Inentify the transaction Analyze the transaction Journal Entries Post to Ledger Trial Balance Adjusting entries Adjusted Trial Balance Financial Statements Closing Entries After-Closing Trial Balance


How do you get free credits on Habbocouk?

It's important to note that attempting to obtain free credits through unofficial means or hacks on Habbo or any other platform is against the terms of service and can result in consequences, including account suspension or banning. To legitimately earn credits on Habbo, you can consider the following methods: **Participate in official events:** Habbo often hosts events where you can earn credits by participating and completing specific tasks or challenges. **Trade and sell items:** Engage in trading activities with other users to acquire valuable items that you can then sell for credits. **Complete offers and surveys:** Some official promotions may offer credits in exchange for completing surveys or participating in certain activities. Be cautious and ensure they are legitimate offers. **Check for promotion Keep an eye on official announcements and promotions from Habbo that may offer free credits as part of special events or campaigns. Always prioritize using official and legitimate methods to earn credits on Habbo to avoid any risks associated with unauthorized methods. Additionally, be wary of scams or phishing attempts that may promise free credits but c


What is a yearly record of events called?

account


What games can you play for Facebook Credits?

it is a random set of events there is no garrentee of wich games give fb credits...... okay you can get on draw my thing car town happy aquarium


Why do people say that 3 days something happens to the body after death 10 days dent 20 then 30 and the last is 40 days?

Because they believe that the resurrection of Jesus is a literal account of events following his crucifixion.Because they believe that the resurrection of Jesus is a literal account of events following his crucifixion.Because they believe that the resurrection of Jesus is a literal account of events following his crucifixion.Because they believe that the resurrection of Jesus is a literal account of events following his crucifixion.


What literary term refers to an account of particular events that may be true or untrue?

What literary term refers to an account of particular events that may be true or untrue? Fiction


What happens when you finish all the games on poptropolis games?

If your tribe (you, obviously) has the highest overall ranking in the 9 events, you receive the Island Medallion and 50 credits. (Islands were originally 100 credits for a win.)


What is a nine letter word for an account of events?

narrative, chronicle


How do you get 1000 free credits for mathletics?

To obtain 1000 free credits for Mathletics, you typically need to participate in promotional events or contests organized by the Mathletics platform. These events may require you to solve math problems, complete tasks, or achieve certain milestones within the platform to earn the free credits. It's essential to keep an eye out for announcements or notifications from Mathletics regarding such opportunities to earn credits for free. Remember to always follow the rules and guidelines provided by Mathletics to ensure you receive the credits legitimately.


What is a biographic account?

A biographical account is one that is factually correct. A biographical account follows one individual and discusses the factual events that occurred in their life.