If both people who asked, understand your response and are able to make the correct entries, great!
I agree the type of entity can impact how this should be handled, which is why I asked that question.
Please let me play "Dummy" for myself and anyone else who is still not clear on what you are saying.
If you could possibly explain in terms of Company A and B per examples, I think that would help out.
In your example, you refer to purchase of computer, say it was one of the items purchased on AMEX.
If Company A has computer paid for on their AMEX and they paid AMEX bill, all is clear for everyone.
If Company B has computer paid for by Company A's AMEX but Company B pays A or pays AMEX for it, then it is their computer. This computer should be detailed on the books of Company B who bought it.
Do you agree or disagree?
