AcademicGround >> Need help with accounting, please
|3/21/07 9:16 PM|
Member Since: 01/01/2001
Need help posting to a general journal.
Does this look right?
|3/25/07 4:43 AM|
Member Since: 09/26/2003
Looks fine, except cash/NP should be credits and Land/Bldg should be debits. A business owner would allocate as much as possible to building, so they could save taxes thru depreciation.
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