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a business purchses equipment for cash in the amount of 8,000 which account is debited?
A business purchases equipment for cash in the amount of 8,000, Equipment is Debited while cash is Credited.
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Asked 4/14/2014 10:08:50 AM
Updated 6/8/2014 9:24:19 PM
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A business purchases equipment for cash in the amount of 8,000, Equipment is Debited while cash is Credited.
Added 6/8/2014 9:24:19 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/8/2014 9:32:08 PM], Rated good by jeifunk
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