Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
How would I journal this:Purchased office equipment from Office Mart for $6,800. AM made an $800 cash down payment and then signed a six month, 8% note for the remainder.
How would I journal this:
Purchased office equipment from Office Mart for $6,800. AM made an $800 cash down payment and then signed a six month, 8% note for the remainder.