Hello,

I have a question for recording transactions please.

The transaction says "Purchased a computer from MB Hi-Fi $2,000 (plus $300 GST) for developing coach education courses." What are the two accounts involved and the amounts, please? I don't know whether it's an accrual or cash based transaction cause there is no mention of cash involved or a credit purchase. I'm thinking it's accrual but just want to be sure.

Thank you,

Haley