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https://bizfluent.com/how-5728096-record-vehicles-purchased-credit-accounting.html
Aug 22, 2019 · When you purchase the car, you make a journal entry for the purchase of a fixed asset on credit, and more likely, you'll make several journal entries. For example, assume you're a plumber paying $15,000 for a used pick-up truck you can use to haul equipment and supplies to jobs. You put up $3,000 cash and take a $12,000 loan.
https://quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/how-do-i-create-a-journal-entry-for-the-sale-of-a-fixed-asset/00/182950
How do I create a journal entry for the sale of a fixed asset (vehicle) with a loan liability paid off by dealership? The accounting entry is: Debit F/A- New Car Cost 28676
https://www.wallstreetmojo.com/depreciation-journal-entry/
The journal entry for depreciation refers to a debit entry to the depreciation expense account in the income statement and a credit journal entry to the accumulated depreciation account in the balance sheet. The main objective of a journal entry for depreciation expense is to abide by the matching …
https://www.askmehelpdesk.com/accounting/sale-truck-journal-entry-86310.html
Company sold a used truck for 24,000. Original cost 62,000 and total depreciation of 18,000. Prepare journel entry to record sale of truck I got Dr Acc. Depreciation 18,000 DR cash 24,000 DR lost of sale 20,000 Cr truck 62,000
https://opentextbc.ca/principlesofaccountingv1openstax/chapter/use-journal-entries-to-record-transactions-and-post-to-t-accounts/
Jul 24, 2018 · 16 Use Journal Entries to Record Transactions and Post to T-Accounts . When we introduced debits and credits, you learned about the usefulness of T-accounts as a graphic representation of any account in the general ledger.Author: Mitchell Franklin, Patty Graybeal, Dixon Cooper
https://answers.yahoo.com/question/index?qid=20130917175447AA7C2ky
Sep 17, 2013 · Prepare the general journal entry to record the... show more Janus Coat Company purchased a delivery truck on June 1 for $30,000, paying $10,000 cash and signing a 6%, 2-month note for the remaining balance. The truck is expected to depreciate $6,000 each year. Janus Coat Company prepares monthly financial statements.
https://www.dummies.com/software/business-software/quickbooks/how-to-record-the-purchase-of-a-fixed-asset/
If you purchase a $12,000 delivery truck with cash, for example, the journal entry that you use to record this purchase debits delivery truck for $12,000 and credits cash for $12,000. Within QuickBooks, this journal entry actually gets made when you write the check to pay for the purchase.
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