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Create four new fixed asset accounts – Account type: Fixed Assets, detail type: Buildings and Accumulated Depreciation (

Posted: Thu May 05, 2022 5:27 am
by answerhappygod
Create four new fixed asset accounts – Account type: Fixed
Assets, detail type: Buildings and Accumulated Depreciation (where
appropriate), account names: Original Cost (a sub account of
Building) and Accumulated Depreciation (a sub account of Building),
and Land with Account type: Fixed Asset, detail type: Land. I saw a
sample but don't we have to make a check also? How are the 4
accounts created also?