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I would like to know how to record this transaction on quickbooks: On 08/01/2017 The company purchased from ford motors on account, a van for

I would like to know how to record this transaction on quickbooks:

On 08/01/2017 The company purchased from ford motors on account, a van for $12,000 that will be used for 5 years. This van will have a residual value of $3,000 at the end of its fifth year. The van will be used to make deliveries for the company

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