On February 5, Textron Stores purchased a van that cost $35,000. The firm made a down payment

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On February 5, Textron Stores purchased a van that cost $35,000. The firm made a down payment of $5,000 cash and signed a long-term note payable for the balance. Show the general journal entry to record this transaction.

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College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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Question Posted: Sep 19, 2017 09:36 AM

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On February 5, Textron Stores purchased a van that cost $35,000. The firm made a down payment

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25 Van 35000 Cash 50...View the full answer

College Accounting Chapters 1-30

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