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View Full Version : Fixed Asset


muyiwa coker
Nov 20, 2008, 03:55 AM
How do you record in the current year a fixed asset figure not posted in the previous year?

pready
Dec 12, 2008, 08:07 PM
The entry to record your asset is:

Debit your Asset account
Credit the appropreate payable account and or cash if cash was paid.