the owner purchased some furniture fromAshley home furnishings on credit on 5th of this month.The furniture cost
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Question:
the owner purchased some furniture fromAshley home furnishings on credit on 5th of this month.The furniture cost $18,250 plus tax.the owner used his debit card to pay $500.00 in cash for the furniture and the rest of the amount will be paid in next 24months.set up the appropriate accounts to track the new fruniture.make the journal entry for this month.
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