We paid L. 10,000.00 in cash, L. 20,000.00 with a check made out to Banco Atlantida for a Bill of Exchange in our charge of L. 60,000.00 and for the rest we signed a new bill of exchange, which would be the entry or accounting record of this transaction?

Answer rating: 100% (QA)

To record the transaction you described in accounting you would make the following journal entries 1 ... View the full answer