How to enter an invoice paid as an asset

Hello I'm quite new to MYOB and am a little unsure how to enter a paid invoice item as an asset.

I have entered it as the following:

Under the Debit coloumn I have entered the account code as an expense  eg Building improvements with  tax code GST

Under the credit coloumn I have entered the account code as an asset code eg Building improvements at cost. tax code FRE

If anyone could assist in clarifying if this is correct or not that would be most helpful.

Thank you!