Question: How to write this accounting entry? Purchased a delivery van for $132,000. Made a $40,000 cash down payment and issued a note payable for the

How to write this accounting entry?

Purchased a delivery van for $132,000. Made a $40,000 cash down payment and issued a note payable for the remaining balance to be paid six months later plus interest charge. The interest rate is 12% per year.

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