I understand that a debit to the asset account would occur when adding an asset what is the GL account that is credited?
Thank you
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I understand that a debit to the asset account would occur when adding an asset what is the GL account that is credited?
Thank you
There isn't any way to know that without knowing what the actual transaction was. You made a purchase? In what way? There's no information to say what else is involved besides the asset itself.
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