Journal entry for investing in a certificate of deposit?
g asked: the question is..
Invest 2,000 in a Certificate of deposit.
What is the journal entry for this transaction?
1st deposit
Tags: Certificate Deposit, Invest, Investing
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on Tuesday, January 5th, 2010 at 6:08 pm and is filed under Investing.
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1st deposit
Certificate of Deposit 2,000
Cash 2,000