PDA

View Full Version : Bill purchased office supplies for $500 cash. What is the effect on accounts


arougemont
Aug 25, 2012, 04:27 PM
Bill purchased office supplies for $500 cash. What is the effect on accounts

paraclete
Aug 25, 2012, 06:39 PM
You have two legs of the entry here, all you have to do is THINK, expenses are usually D E B I T S! This isn't accounting it is BOOKKEEPING 101