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If you are puchasing furniture from your business and want to use your own owners equity instead of cash what would be the journal entry if any
15 years ago

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Biily
it would be same as a cash purchase I think, you would just credit owner equity instead of cash.
15 years ago
Randy
biily is right, credit owner equity, debit the assets. Unless they're not listed, in which case there's no entry.
15 years ago

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