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    ldefarcy's Avatar
    ldefarcy Posts: 1, Reputation: 1
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    #1

    Jul 17, 2009, 09:23 AM
    What GL accounts are used for an addition to Rental Portfolio Fixed Asset account
    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
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jul 17, 2009, 09:05 PM

    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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