Answer:
Feb. 12 Office Equipment 18,000
Cash 7,000
Accounts Payable 11,000
Friday, 22 July 2016
Prepare a journal entry for the purchase of office equipment on February 12 for $18,000, paying $7,000
Prepare a journal entry for the purchase of office equipment on February 12 for $18,000, paying $7,000 cash and the remainder on account.
Answer:
Feb. 12 Office Equipment 18,000
Cash 7,000
Accounts Payable 11,000
Answer:
Feb. 12 Office Equipment 18,000
Cash 7,000
Accounts Payable 11,000
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