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

    Sep 23, 2007, 03:58 PM
    Journalizing adjustign entries
    Purchased a new deluxe Van to transport company executives to opening night performances. Total cost $63900. Made a 30% cash payment and obtained a bank loan from the TD bank for the balance. Interest rate is 8.5%
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #2

    Sep 23, 2007, 04:06 PM
    TD bank is Canadian. But what is your question ?
    rushain's Avatar
    rushain Posts: 2, Reputation: 1
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    #3

    Sep 23, 2007, 04:35 PM
    I have to journalize this transaction
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