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