Prepare a journal entry for the purchase of office equipment on February 19 for $30,650,...
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Accounting
Prepare a journal entry for the purchase of office equipment on February 19 for $30,650, paying $6,200 cash and the remainder on account. Refer to the Chart of Accounts for exact wording of account titles.
JOURNAL
ACCOUNTING EQUATION
DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | ASSETS | LIABILITIES | EQUITY | |
---|---|---|---|---|---|---|---|---|
1 |
| |||||||
2 |
| |||||||
3 |
|
|
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