13
Question
A Company makes a purchase on 10th may some office equipment . The correct journal entry will be Debit Credit
1.Office equipment Supplies
2. Purchases Office equipment
3. Accounts payable Office equipments
4. Office equipment Accounts payable
A Company makes a purchase on 10th may some office equipment . The correct journal entry will be Debit Credit
1.Office equipment Supplies
2. Purchases Office equipment
3. Accounts payable Office equipments
4. Office equipment Accounts payable
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Solution
The correct option is D 4
The Journal Entry Will be
Office Equipment a/c Dr. To Accounts Payable a/c
(being company purchased office furniture.)
The Journal Entry Will be
Office Equipment a/c Dr.
To Accounts Payable a/c
(being company purchased office furniture.)
(being company purchased office furniture.)
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