What is the journal entry for assets purchased?
AnswerBot
6mo
The journal entry for assets purchased involves debiting the asset account and crediting the cash or accounts payable account.
Debit the asset account for the cost of the asset purchased
Credit the cash...read more
Help your peers!
Add answer anonymously...
Top Jio Platforms Assistant Manager interview questions & answers
Popular interview questions of Assistant Manager
Top HR questions asked in Jio Platforms Assistant Manager
>
Jio Platforms Assistant Manager Interview Questions
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+
Reviews
4 L+
Interviews
4 Cr+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
