USA Debits and Credits


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Can someone help me. Im not sure how to post these journal entries. which ones are entered as positive and which ones are negatives?? Any help is appreciated

Debit Credit
vehicles 49,935.28
accum depr. 49,935.28
office furniture 3,240.00
outside service 3,240.00
 
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bklynboy

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Oct 12, 2011
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Can someone help me. Im not sure how to post these journal entries. which ones are entered as positive and which ones are negatives?? Any help is appreciated

Debit Credit
vehicles 49,935.28
accum depr. 49,935.28
office furniture 3,240.00
outside service 3,240.00
vehicles (Debit Asset)
accum depr. (Credit Contra Asset)
office furniture(Debit Asset)
outside service(Debit Expense)

1 for 4 on your effort - This is kind of basic so if this is giving you trouble you are in for a world of hurt! BTW don't think of accounting as "positives" and "negatives" there is no such thing!
 

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