Capital Purchases and Finance in AccountRight

Hello Ronatbas,

Thanks so much for your assistance with my recent query, I have worked my way through most of the steps (very slowly...).

I have a couple of (probably rather dumb) questions still outstanding:

1. The car we have purchased has a balloon; I have set up the loan account, the unexpired interest account, and the balloon account. In your directions, you have said to pay for the car from the loan account, which I have done. You also then say to "Using Spend Money, the balloon is paid to the 2-xx10 account." I assume this is at the end , when the balloon is the final payment paid ?  

2. We put down a deposit of $3000, which was subsequently refunded to us by the dealership. I am not clear about how to record this in and out ?

Thank you again for your help !  And best wishes for the New Year!