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

    Mar 19, 2011, 09:35 AM
    Purchased additional office equipment on account from office station
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Mar 19, 2011, 09:42 AM

    If the equipment is a material purchase, then:
    Debit Office Equipment
    Credit Accounts Payable

    If not a material purchase, then:
    Debit appropriate Expense Account
    Credit Accounts Payable
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