dude7707
Level 5
10-21-2021
12:15 AM
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Ptnrshp - Cash Basis
2019 Total Purchase - 45,358
Down Payment - $8,000
Total Financed - 37,358
Deferred Interest 5,344
Total Sales Price - 50,702
5 Pmts - 8,541 - 1st Pmt due 11.1.19
Booking Asset:Initially:
1. Cost: 50,702
2. Liab. 42.702
Correct?
Best Answer Click here
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