Retail
POS Terminal Purchase & Setup
Buying and setting up point-of-sale hardware for a new store.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| POS Equipment (Fixed Asset) | Asset (+) | 3,500.00 | - |
| Cash / Bank | Asset (-) | - | 3,500.00 |
💡 Accountant's Note
POS terminals are fixed assets capitalized at cost and depreciated over their useful life (typically 3-5 years).
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