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It's the 20th July. You are keen to record the wheel aligner you paid for online with your private credit card. You will use a

It's the 20th July. You are keen to record the wheel aligner you paid for online with your private credit card. You will use a manual journal to record this asset purchase.

Tutorial: Add or edit a single manual journal.

Manual Journal:

  1. Narration: Wheel aligner paid for by personal credit card
  2. Date:20 July 2019
  3. Tick Show journal on cash basis reports and Default narration to journal line description.
  4. Auto Reversing N/A
  5. Amounts are Tax Exclusive
  6. Gross amount(incl GST) paid for aligner: $22,548.90
  7. Two lines: 710 - Workshop Equipment, 881 - Owner A Funds Introduced
  8. For marking purposes, please make sure your manual journal narration is: Wheel aligner paid for by personal credit card

What should be the debit amount and credit amount ?

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