Question: How do I record this transaction in MYOB AccountRight Plus? What are the new transaction accounts that would be needed? Purchased a company car for

How do I record this transaction in MYOB AccountRight Plus? What are the new transaction accounts that would be needed?

Purchased a company car for $44,000 (inclusive of GST). Tarelli Sports were successful with their car loan application (8 year loan period) to fund this purchase and the bank paid the full purchase price directly to the motor vehicle vendor. This asset is a depreciable asset. Loan repayments will start on the 12th March 2018. Hint add new accounts you need to process this transaction including the company vehicle account (use 1-3330) and the loan account (use 2-2110)

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