answersLogoWhite

0


Best Answer

Debit Land Discount on Notes Payable Credit Notes Payable

User Avatar

Wiki User

17y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

debit gold mines
credit bank

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How to record journal entries for gold mining purchase?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What the accounting journal entries to record purchase of basketball?

debit basketballcredit cash


What are the accounting journal entries to record the purchase of a vehicle with a rebate?

Debit fixed assetCredit cashcredit rebate


What are accounting journal entries to record a purchase of stump age?

debit stamp age purchasecredit cash


What are the accounting journal entries to record an overcharged cost that was posted to an expense purchase to Accounts Payable and was paid at a later date?

general journal


What are the accounting journal entries to record the purchase of land on a note?

debit land accountcredit notes payable


General journal entries?

Journal Entries are used to record accounting transactions. blady bastered............


What are the accounting journal entries to record an acquisition?

I would like to know how accounting journal entries would differ on acquisition in compliance with IAS a) under pooling interest method b) under purchase mehod Appreciate this is explained in detailed numbers for acquiree & acquirer.


What are the accounting journal entries to record donated equipment?

debit assetcredit donations


What are the accounting journal entries to record a purchase of inventory?

[Debit] Purchases xxxx [Credit] Cash / bank xxxx [Credit] Accounts payable xxxx (if purchased on credit)


Why is it important for a company to make adjusting journal entries?

It is important to record adjusting entries as if it is not done then there is no accurate financial statements will be available.


What are the accounting journal entries to record installiation of equipment?

debit installation chargescredit cash


What are the accounting journal entries to record non-taxable gifts?

debit giftcredit capital