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    rere8803's Avatar
    rere8803 Posts: 2, Reputation: 1
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    #1

    Feb 27, 2012, 06:59 PM
    Purchased used truck for $8,000, paying $3,000 cash and the balance on account
    Purchased used truck for $8,000, paying $3,000 cash and the balance on account
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 27, 2012, 07:00 PM
    Debit Truck for 8,000
    Credit Cash for 3,000
    Credit Accounts Payable for 5,000
    rere8803's Avatar
    rere8803 Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Feb 27, 2012, 07:36 PM
    Purchased cleaning supplies for 1,200 on account
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #4

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