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Q: Is office furniture a credit or a debit?
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What will be the journal entry Office Furniture purchased with gift cards?

[Debit] Office furniture [Credit]Owner equity / Retained Earnings


Is furniture and fixtures a debit or credit?

Furniture is a credit and so is fixtures But furnitures are asset and fixtures are expenses


Is furniture and fixture debit or credit?

Neither, it is an object


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.


What is the journal entry for furniture purchased?

[Debit] Furniture [Credit] Cash / bank


How do you record the journal entries of 3800.00 recorded as Office furniture is to be transferred to Patents?

debit Patents 3800credit office furniture 3800


What is the journal entry office use?

[debit] office use expenses[credit] cash


What is the journal entry for a withdrawal of 3000 was recorded as a debit to office expense and a credit to cash?

debit drawings 3000credit office expense 3000


Is it more of a complication to buy an office desk online if I don't have a credit card?

Not having a credit card should not hinder you from buying office furniture, an office desk in particular, from an online merchant. A bank debit card or some type of pre-paid card should suffice with most vendors.


Is office equipment debit or credit?

it is a credit because more than likely the job is paying for it


Is office equipment a debit or credit?

it is a credit because more than likely the job is paying for it


What is the Entry for Revenue earned by the Branch office in branch accounting?

Branch retained earnigs - Debit Profit from Branch - Credit Bank account - debit Branch retained earning - Credit Current account - Branch - Debit Bank Account - Credit