Question:

How can i record this transaction?

by  |  earlier

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Paid $500 each of amount owed on truck and $200 of amount owed on cleaning supplies. my question is what debit and credit are?

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   Report

1 ANSWERS


  1. Debit 'Loan Payable - Truck' $500

    Debit 'Accounts Payable' $200

    Credit ' Cash' $700

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