|
|
|
Jrnl. |
Dr. |
Cr. |
|
|
|
Brake drum lathe purchased on open account |
|
P |
|
|
|
|
Parts & Service Equipment |
|
|
1720 |
|
|
|
|
Accounts Payable—Trade |
|
|
|
2100 |
|
|
|
|
|
|
|
|
|
Purchase of Rotunda service equipment on twelve-month deferred monthly payment plan |
|
G |
|
|
|
|
Prepaid Interest |
|
|
1520 |
|
|
|
Parts & Service Equipment |
|
|
1720 |
|
|
|
|
Notes Payable—Other—Short Term |
|
|
|
2030 |
|
|
|
|
|
|
|
|
|
Purchase of Rotunda service equipment under five-year conditional sales plan |
|
G |
|
|
|
|
Parts & Service Equipment |
|
|
1720 |
|
|
|
|
Notes Payable—Long Term—Current Portion |
|
|
|
2040 |
|
|
|
Notes Payable—Other—Long Term |
|
|
|
2520 |
|
|
|
|
|
|
|
Sale of parts bins for cash at a loss |
|
CR |
|
|
|
|
Cash in Bank—General |
|
|
1001 |
|
|
|
Accumulated Depreciation—Parts & Service Equipment |
|
|
1725 |
|
|
|
Gain or Loss—Sale of fixed Assets & Securities |
|
|
9250 |
|
|
|
|
Parts & Service Equipment |
|
|
|
1720 |