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Is office equipment debit or credit?
it is a credit because more than likely the job is paying for it
The purchase of equipment on credit is recorded by?
Debit to Equipment and a credit to Accounts Payable
What is the journal entry for office equipment purchased for 3000 Half was paid in cash the remaining balance will be paid in 30 days?
[Debit] Office Equipment 3000 [Credit] Cash 1500 [Credit] Accounts payable 1500 When remaining amount paid after 30 days [Debit] Accounts Payable 1500 [Credit] Cash 1500
The purchase of a typewriter on an account would be recorded as a debit on accounts payable and credit to office equipment True or False?
false
Is equipment a debit or credit balance account?
equipment is a fixed asset.so it's a Debit balance account.
Is office equipment debit or credit?
it is a credit because more than likely the job is paying for it
What is the purchase of equipment on credit recorded by?
A debit to equipment and a credit to liability
The purchase of equipment on credit is recorded by?
Debit to Equipment and a credit to Accounts Payable
What is the journal entry for office equipment purchased for 3000 Half was paid in cash the remaining balance will be paid in 30 days?
[Debit] Office Equipment 3000 [Credit] Cash 1500 [Credit] Accounts payable 1500 When remaining amount paid after 30 days [Debit] Accounts Payable 1500 [Credit] Cash 1500
Is office furniture a credit or a debit?
credit
The purchase of a typewriter on an account would be recorded as a debit on accounts payable and credit to office equipment True or False?
false
Is equipment a debit or credit balance account?
equipment is a fixed asset.so it's a Debit balance account.
Is computer equipment a debit or credit?
Computer equipment is an asset of business and that's why it has debit balance as a normal balance.
The balance of a furniture and equipment account a debit or credit?
It is a debit balance. Furniture and Equipment accounts are included in an individuals assets and asset accounts have debit values.
Is equipment a debit or credit?
it is a credit because more than likely the job is paying for it
What is the journal entry office use?
[debit] office use expenses[credit] cash
What is the journal entry when the owner withdraw equipment for personal use?
debit drawingscredit office equipment
