Borrow: fixed assets
Loans: bank deposits
accounts payable
2. Pay the monthly car purchase by installments:
Debit: accounts payable
Loans: bank deposits
3. Accounts payable refers to the debt arising from the purchase of materials, goods or services, which is the debt arising from the inconsistency between the time when buyers and sellers obtain materials and pay loans in the purchase and sale activities. Accounts payable are fees and commissions that should be paid by enterprises (finance) but not yet paid. They are a kind of accounting subjects and are used to calculate the amount that enterprises should pay for business activities such as purchasing materials, commodities and accepting labor services.
Extended data:
The accounting treatment of the company's car purchase by stages is as follows:
1. When obtaining the invoice: borrow: fixed assets-transportation equipment loan: accounts payable.
2. When paying by installment: debit: accounts payable loan: bank deposit.
3. Accounts payable are expenses and commissions that should be paid by the enterprise (finance) but have not been paid. It is an accounting subject, which is used to calculate the amount that an enterprise should pay for its business activities such as purchasing materials, commodities and accepting labor services. Usually refers to the debt arising from the purchase of materials, goods or services, which is caused by the inconsistency between the time when the buyer and the seller obtain materials and pay loans in the purchase and sale activities.