On February 5, Textron Stores purchased a van that cost $35,000. The firm made a down payment of $5,000 cash and signed a long term note payable for the balance. Show the general journal entry to reco

On February 5, Textron Stores purchased a van that cost $35,000. The firm made a down payment of $5,000 cash and signed a long term note payable for the balance. Show the general journal entry to record this transaction.

Leave a Comment