Journal Entries For New Vehicle with Loan

This query is : Resolved 

26 April 2022 how to pass the Journal Entries For New Car for Companies in Loan agreement based.


26 April 2022 CAR A/C ..........DR
TO LOAN A/C

26 April 2022 Car A/c Dr.
To Supplier A/c Cr.

Supplier A/c Cr.
To Loan A/c
To Cash/Bank A/c Cr. (for downpayment)




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