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  1. Apr 24, 2013, 11:46 PM

    Question: Car purchased on Installment

    by junaira
    Answers
    1
    Views
    920

    Car purchased on Installment

    Unit Price = 48,500
    Discount= 1,500
    Down Payment= 9,400
    Monthly Amortization= 1,786 in 24 months

    Kindly set journal entries upon acquisition, How much would be the Cost of the Assets?
  2. Apr 24, 2013, 11:45 PM

    Question: Journal Entry for purchase of vehicle

    by junaira
    Answers
    9
    Views
    36,471

    How about with my case? Car purchased on...

    How about with my case? Car purchased on Installment

    Unit Price = 48,500
    Discount= 1,500
    Down Payment= 9,400
    Monthly Amortization= 1,786 in 24 months

    Kindly set journal entries upon...
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