| |
|
|
Jrnl. |
Dr. |
Cr. |
|
|
| |
Collection of sales tax on new vehicle sale |
|
NV |
|
|
| |
|
Cash Sales—Clearing |
|
|
1010 |
|
| |
|
|
Sales & Use Taxes |
|
|
|
2150 |
| |
|
|
|
|
|
|
|
| |
Monthly accrual of use taxes |
|
SE |
|
|
| |
|
Taxes—Excluding Real Estate & Income |
|
|
8540 |
|
| |
|
|
Sales & Use Taxes |
|
|
|
2150 |
| |
|
|
|
|
|
|
|
| |
Payment of sales and use taxes to governmental agency |
|
CD |
|
|
| |
|
Sales & Use Taxes |
|
|
2150 |
|
| |
|
|
Cash in Bank—General |
|
|
|
1001 |
| |
|
|
|
|
|
|
|
| |
Sale of a new vehicle with an Extended Service Plan Contract |
|
NV |
|
|
| |
|
Cash Sales—Clearing |
|
|
1010 |
|
| |
|
|
Sales & Use Taxes |
|
|
|
2150 |
| |
|
|
Customer Service Contracts |
|
|
|
2315 |
| |
|
|
Sales—New Vehicles |
|
|
|
3000-
etc. |
| |
|
|
Service Contract Income—New |
|
|
|
4155 |
| |
|
|
|
|
|
| |
Monthly lease billings |
|
LR |
|
|
| |
|
Accounts Receivable—Other |
|
|
1130 |
|
| |
|
|
Investment in Sales-Type Leases |
|
|
|
1630 |
| |
|
|
Sales & Use Taxes |
|
|
|
2150 |
| |
|
|
Leased Vehicle Income—Wholesale—Maintenance Leases—Car/Truck |
|
|
|
5300 |
