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-   -   Car purchased on Installment (https://www.askmehelpdesk.com/showthread.php?t=745954)

  • Apr 24, 2013, 11:46 PM
    junaira
    Car purchased on Installment
    Unit Price = 48,500
    Discount= 1,500
    Down Payment= 9,400
    Monthly Amortization= 1,786 in 24 months

    Kindly set journal entries upon acquisition, How much would be the Cost of the Assets?
  • Apr 25, 2013, 02:57 AM
    tickle
    We don't do your homework for you, but we will correct your answer if you try.

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