what is the journal entry and how did you calculate it?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Bought a van, paying $4200 cash as a down payment and signed a 7 month $9000, 6% note payable for the balance. The company paid
$270 to have its company logo painted on the side of the van. The residual value is $3000. The old van was sold for $6000; it cost $19200
and acculumated
what is the
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