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  • Feb 26, 2007, 05:16 PM
    scn0681
    Journalizing for Office Equipment Rental
    How do you journalize "rented office equipment to _____ for ______"
  • Feb 28, 2007, 01:43 AM
    CaptainForest
    If I rent office equipment to George, my JE would be:

    Dr. Cash/AR
    Cr. Revenue

    I am making money by renting the equipment to you.

    There also would be amortization on my side, but I am assuming the above JE is what you are looking for.

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