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record an asset

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acesi

20 Mar, 2012 04:03 PM

Hi Matt,

I've bought a new MacBook (in a previous financial year before i started using EB) and I now want to record it as an asset. How would i do this please?

1. 1 Posted by Howard Yu on 21 Mar, 2012 06:25 AM

   

   I did like this:

   1. Adjust opening balance of checking account by $1200 debit
   2. Purchase Asset (Account 1 checking out account 2 asset in )

   then you balance sheet will have asset showing Mac book as asset (equipment or you add up any account under asset.

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2. Admin closed this discussion on 21 Mar, 2012 08:42 AM.

3. acesi re-opened this discussion on 24 Mar, 2012 06:44 AM

4. 2 Posted by acesi on 24 Mar, 2012 06:44 AM

   

   Than you howard..really helpful. Si.

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5. Admin closed this discussion on 26 Mar, 2012 08:22 AM.