Business & Finance - 3 January 2007

The transaction: Recieved Invoice 5495 for @2,375 microcomputer stystem, for office use, bought on account from T & N School Equipment. I have the debit which is the T & N School Equipment I believe. I cant figure out what the credit is. Can someone help me??

These are the other accounts:

Assets-
Cash in bank
A/R Carla DiSario
A/R George McGarty
Office Supplies
Office Equip.
Instructional Equip

Liab.
A/P Education Software
A/P T & N school equip

Owners Equity
Jennifer Rachael, Capital
Jennifer Rachael, W/D
Income Summary

Revenue
Group lesson fees
Private lesson fees

Expenses
Maintenance expence
Misc. expense
Rent expense
Utilities expense


I only need the debit & the credit for it && I know one of them are the T&N School Equip.

Can someone please help with this transaction?

2007-01-03 07:13:33 · 4 answers · asked by Anonymous in Other - Business & Finance

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I think it is! I am being penalized for doing a great job!

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