Purchased a computer for cash 8000 for office use
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2
Answer:
Here office equipment account is debited due to the fact that it's a current asset and when current assets increase with debit time. Since cash is going out to buy this particular item we are crediting cash as a decrease in our current asset that is cash. Hence the given entry is valid .
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1
Answer:
computer ac ____dr. 8000
To cash ac 8000
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