Now that I think about it no commercial substance this is just a vehicle owned by a company it is not going gto be used for anything other than driving around
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Type: Posts; User: snd_port
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Feb 3, 2011, 03:57 PM
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Comment on pready's post
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Feb 3, 2011, 03:54 PM
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Comment on pready's post
This one has commercial substance they are both the identical vehicle just the new one is 2 years newer
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Feb 3, 2011, 03:42 PM
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I just want to know the Journal Entry that I...
I just want to know the Journal Entry that I should make this is what I have so far, but it doesn't seem correct:
AUTOMOBILES (37,933)... -
Feb 3, 2011, 03:34 PM
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How do you account for the trade in of a vehicle that still has debt
I have the following problem I can't figure out how to make the correct journal entry for:
Old truck cost - 37,933.20
A/D on old truck - 20,231.04
New truck cost - 47,182
Debt on old truck -...
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