If you rented a building for one year in exchange for equipment having a cost of $12,

upset54 Posts: 1, Reputation: 1

New Member

Jun 16, 2013, 08:20 AM

If you rented a building for one year in exchange for equipment having a cost of $12,

If you rented a building for one year in exchange for equipment having a cost of $12,000, where do you post it on a general ledger

Check out some similar questions!

Sold store equipment for $7,200. The equipment originally cost $8,000 and had a book [ 1 Answers ]

How do I post this in a journal?

The equipment has a cost of $85,000, with a $5,000 residual value and a 10-year life. [ 1 Answers ]

Average rate of returncost savings International Fabricators Inc. Is considering an investment in equipment that will replace direct labor. The equipment has a cost of $85,000, with a $5,000 residual value and a 10-year life. The equipment will replace one employee who has an average wage of...

Acquired land in exchange for field equipment having a cost of $7,000. [ 0 Answers ]

Artesian Spring Water Testing Service was established on September 16, 2008. Artesian uses field equipment and field supplies to analize water for unsafe contaminants in streams, lakes, and ponds. Transactions related to purchases and cash payments during the remaninder of September are as...

Equipment exchange [ 1 Answers ]

Sumo company exchange an equipment with a apprasied value of $1755000, a recorded cost of $2700000 and accumulated depreciation of $1350000 with King company for king equipment. King equipment has an appraised value of $1695000, a recorded cost of $3240000 and accumulated of $1782000.King give sumo...

Someone rented my equipment - and won't give it back [ 7 Answers ]

I'm an amateur filmmaker (mostly as a hobby), and when I'm not using my equipment, I occasionally rent it out to other local amateur filmmakers. I have a rental agreement form the renter needs to fill out, and do my best to evaluate the renter before letting the equipment go. Last week I rented...

View more questions Search

Check out some similar questions!

Add your answer here.