What is the journal entry for purchase and made a down payment of cash and issued a note payable?

1 answer

Answer

1233619

2026-05-15 07:25

+ Follow

[Debit] Purchases xxxx

[Credit] Cash/bank xxxx (For Down payment)

[Credit] Notes Payable xxxx

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.