Pastel xpress v14

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  • mpura
    New Member
    • Jul 2017
    • 5

    #1

    Pastel xpress v14

    Hi Everyone. This is my first time doing financial statements for a school. The school put in a requisition to the department of education for office furniture. The requisition was approved and the department bought the office furniture for the school. How do i bring that furniture into the books? I believe it it s done through a general journal. The account would be furniture and fittings at cost, what would be the contra account. Please assist!
  • SoTrue
    Junior Member
    • Aug 2014
    • 18

    #2
    You should credit Government Grants income account.

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