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    sefako's Avatar
    sefako Posts: 8, Reputation: 1
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    #1

    May 27, 2012, 10:40 AM
    Fixed assets bought by owners
    Journal entry for assets that are bought by the owner.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    May 27, 2012, 03:39 PM
    Quote Originally Posted by sefako View Post
    Journal entry for assets that are bought by the owner.
    The question is how did the owner acquire the assets, by payment of cash or by reduction of equity
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