Accountancy, asked by ASHIQTANKIPRO711, 1 year ago

Purchased vehicle for $1000000, loan taken 800000, down payment 200000

Answers

Answered by Soñador
1
ANSWER :


Vehicle A/c ...Dr 10,00,000
To Bank A/C 8,00,000
To Prepaid expense A/C 2,00,000

(Being vehicle purchased by taking loan and on down payment)




HOPE IT HELPS

☜☆☞
Similar questions