Home /
Expert Answers /
Accounting /
a-company-credit-card-was-used-to-purchase-a-new-250-computer-monitor-and-a-125-cartidge-for-the-o-pa915
(Solved): A company credit card was used to purchase a new $250 computer monitor and a $125 cartidge for the o ...
A company credit card was used to purchase a new $250 computer monitor and a $125 cartidge for the office copier. the company capitalizes all equipment purchases over $150. Sales tax, at 8%, was added to the cost of both items.
prepare the entry to record the purchase. (If no entry is required, select "No Debit" or "No credit" in the account field.)
A company credit card was used to purchase a ne was added to the cost of both items. Prepare the entry to record the purchase. (if no en