What is the journal for new computer purchased $ ten thousand and exchange old computer valued $5 thousand balance paid by cheque?

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How is the entry of someone paid cheque for future date ( entry of now and matu...
Posted by:
ghazal sa
06-December-2016

Question added by thasleem valiyakath , senior accountant with sap background , TP technologies
Date Posted: 2014/07/25

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2 Answers

Muhammad Sultan

by Muhammad Sultan , Police Officer , Punjab Police (Dolphin Squad Lahore)

Office Equipment Account

To

Bank Account

(Exchange old computer)

Upvote (2)

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Faisal Muhammad Khan

by Faisal Muhammad Khan , Senior Officer , Meezan Bank Limited

$5 thousands to paid

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