ContributionsMost RecentMost LikesSolutionsPurchase and Disposal of Comapny vehicle Good Afternoon, I have recently bought a company car and would like to know the journal entries for it please. It is on HP contract for 5 years. I am assuming the accumulated depreciation is $2398 per year. I have also sold a company car bought in 2012. refinaced and was owing $4900 when sold. The journal entries for this would be great too. Solved