Moniquecalleia
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Joined 5 years ago
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Hi, I am recording a purchase of a new vehicle. My journal enrty look like this, suspense $93,000 DR / TAX CODE NT suspense $3,000 CR cash deposit value / TAX CODE NT Land Rover chattel mortgage account $73,000 money borrowed / TAX CODE NT Motor vehicle at cost $17,000 trade in on personal vehicle / Which tax code do l use? l'm thinking NT cause l personally own the car l was trading in.636Views0likes1Comment