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-   -   Purchase furniture on account with down payment (https://www.askmehelpdesk.com/showthread.php?t=677064)

  • Jun 30, 2012, 01:54 AM
    jam1023joy
    Purchase furniture on account with down payment
    How will I place in journal if I purchase a furniture on account worth 80,000 and have a down payment of 40,000
  • Jul 1, 2012, 04:05 AM
    paraclete
    Quote:
    Originally Posted by jam1023joy View Post
    how will i place in journal if i purchase a furniture on account worth 80,000 and have a down payment of 40,000
    How difficult is this
    You have a creditor of 80000
    You have a payment of 40000

    Please?
  • Jul 2, 2012, 05:19 AM
    joshmathews
    Furniture a/c Dr.
    To cash a/c

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