jessicamas
Mar 18, 2007, 01:33 PM
If I am buying a land for $2,000..
What do I debit, and what do I credit?:confused:
wontonsnowy
Mar 18, 2007, 02:03 PM
If I am buying a land for $2,000..
What do I debit, and what do I credit?:confused:
Debit assets-land and credit cash or loans depending on how your paying for it
CaptainForest
Mar 18, 2007, 04:00 PM
Dr. Land 2,000
Cr. Cash (if that is what you are using to buy it with) 2,000