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    junaira's Avatar
    junaira Posts: 2, Reputation: 1
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    #1

    Apr 24, 2013, 11:46 PM
    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?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Apr 25, 2013, 02:57 AM
    We don't do your homework for you, but we will correct your answer if you try.

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