Education
IT & Computer Lab Equipment
Purchasing computers, servers, and networking equipment for student IT labs.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| IT Equipment (Fixed Asset) | Asset (+) | 60,000.00 | - |
| Cash / Bank | Asset (-) | - | 60,000.00 |
💡 Accountant's Note
Computer lab equipment is capitalized and depreciated over 3-5 years. Schools face significant ongoing capex to keep labs current with industry-standard technology.
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