Education
Research Equipment Purchased (Grant-Funded)
Capitalizing specialist laboratory equipment purchased with research grant funds.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Research Equipment (Fixed Asset) | Asset (+) | 45,000.00 | - |
| Cash / Grant Receivable | Asset (-) | - | 45,000.00 |
💡 Accountant's Note
Grant-funded equipment is capitalized as a fixed asset. Depreciation is typically charged to the grant as an allowable cost over the equipment's useful life.
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