Bling

Double Entry: Transaction 4 / of 22

Scene 14 / of 136

Introduction »
Double Entry »
Balancing Accounts »
Trial Balance »
Income Statement »
Balance Sheet »
Completed Financial Statements

I need some shop equipment, basic things like a cash register and a computer. I bought a computer and printer for and paid €1,200 by cheque on May 4th.

Action Accounting

Bling

Double Entry: Transaction 4 / of 22

Transaction: May 4th purchased equipment with a cheque payment of €1,200.

Tick which two ledger accounts should be used.