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View Full Version : Purchased used truck for $8,000, paying $3,000 cash and the balance on account


rere8803
Feb 27, 2012, 06:59 PM
Purchased used truck for $8,000, paying $3,000 cash and the balance on account

pready
Feb 27, 2012, 07:00 PM
Debit Truck for 8,000
Credit Cash for 3,000
Credit Accounts Payable for 5,000

rere8803
Feb 27, 2012, 07:36 PM
Purchased cleaning supplies for 1,200 on account

pready
Feb 28, 2012, 09:10 AM
Debit Cleaning Supplies for 1,200
Credit Accounts Payable for 1,200