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View Full Version : How do I set up the note?


ctrinidad
Sep 11, 2013, 02:02 PM
What if I had to pay the Vehicle with a bank check. Check made out to the Bank paid the dealer. When I made the check to the bank I booked the asset to Vechicles. How do I set up the note?

pready
Sep 12, 2013, 06:15 AM
When you write the check your journal entry should be a Debit to Vehicles and a Credit to Cash for the amount paid for the vehicle.