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oldgirl
Oct 8, 2008, 11:09 AM
How do I post a company vehicle purchase? What are the journal enteries?
hamzashakaa
Oct 9, 2008, 02:21 AM
Lets assume that you paurchased a car with a cost of 10,000 USD for cash THE entry will be
as follows:

Dr. Vehicle 10,000
Cr. Cash or bank or accounts payable if you still did not pay in cash 10,000