Purchased Furniture And Fixtures Cost 100000 40000 Was Paid Cash And Note Payable Was Signed

Purchased furniture and fixtures at a cost of $100,000. $40,000 was paid in cash and a note payable was signed for the balance owed. What is the journal entry to record this transaction?

Answer

Study Cred Tutor

4.6 (24k+)
4.6/5

Purchase the answer to view it

×

Hello!

Click one of our contacts below to chat on WhatsApp

× How can I help you?