paula7878
Oct 29, 2009, 12:32 PM
The Question says:
Tom deposit 50,000 in the bank for the purpose of buying a company, the company is a public recreational area. Tom bough the entire company for 100,000, he paid 15, 000 down payment, in the remaining he sing a mortgage note. How do I enter this entry in the general journal?
Tom deposit 50,000 in the bank for the purpose of buying a company, the company is a public recreational area. Tom bough the entire company for 100,000, he paid 15, 000 down payment, in the remaining he sing a mortgage note. How do I enter this entry in the general journal?