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Accounting entry for purchase of fire extinguisher?
By purchase a/c Dr ****To Cash /Bank Cr ** . A generator for your business will be listed in PP&E, property, plant, and equipment? For example if you purchase a generator for let's say $2,000 and...
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What is the Accounting entry for purchase of fire extinguisher?
By purchase a/c Dr ****To Cash /Bank Cr *****
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What is in fire extinguishers that puts out fire?
Fire extinguishers commonly contain water under pressure, compressed carbon dioxide, foam, or specialized dry chemicals, depending on the type of fire they are designed to put out.
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Why are there two account titles in the amount column of the purchases journal?
There are two account titles in the column of the purchases journal because if a purchase is made for cash, the transaction is not recorded in the purchases journal.
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What fire extinguishers is used for what fire?
Class A fire extinguishers - used for fires caused by "ordinary combustibles" aka paper, wood, plastic, cardboard, etc. Class B fire extinguishers - used for fires caused by flammable liquids such as...