Non-Profit
Purchase of Office Equipment
Buying computers, printers, and office furniture for the NGO's headquarters.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Office Equipment (Fixed Asset) | Asset (+) | 8,500.00 | - |
| Cash / Bank | Asset (-) | - | 8,500.00 |
💡 Accountant's Note
Equipment over the capitalization threshold is a fixed asset. The cost is allocated between Management & General and Program based on how the equipment is used.
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