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We paid L. 10,000.00 in cash, L. 20,000.00 with a check made out to Banco Atlantida for a Bill of Exchange in our charge of
We paid L. 10,000.00 in cash, L. 20,000.00 with a check made out to Banco Atlantida for a Bill of Exchange in our charge of L. 60,000.00 and for the rest we signed a new bill of exchange, which would be the entry or accounting record of this transaction?
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To record the transaction you described in accounting you would make the following journal entries 1 ...
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Modern Advanced Accounting in Canada
Authors: Hilton Murray, Herauf Darrell
8th edition
1259087557, 1057317623, 978-1259087554
