journal entries for a car loan

Loan

What is the journal entry for buying a car ?

Jan 05, 2011 by adams | Posted in Corporations

Car amount159000,down paymnt 47700, loan for two years 111300, interst amount is 12980.

The 'interst' (sic) is not apposite as of the purchase date - that comes in later.

capwest5a | Jan 05, 2011

The 'interst' (sic) is not proper as of the purchase date - that comes in later.

capwest5a | Jan 05, 2011

1. Raised share Capital of $ 200000 2. Took bank loan from CITI bank of $ 50000 3. Bought furniture $ 30000?

Apr 27, 2010 by chinnu | Posted in Personal Finance

4. Bought Machinery $ 70000
5. Bought car for $ 25000 by captivating loan from Bank of America

Prepare detailed journal entries, an Income statement and a balance sheet (Test balance carries bonus points).

No third for operating seat of government? You're screwed already. I would have tossed at least $75K into that first.

Marx | Apr 27, 2010

Murphy Texas Homes for Sale ~ 708 Mustang Ridge Murphy TX

and Trustworthiness Repair Consultant - The Michael Class - "Dallas Traffic Journal 07 & 08' list top realtors" Dallas Loan Cop ...