Trading in a vehicle

- M
- ME
  
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posted
14 years ago

Sat, Jun 6, 2009 9:36 PM

I just traded in one transport truck for another, with one year left on loan..there was a buy out paid and then a lease for the new one

what is the best way to record this using qb 2009?

tia

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- H
- Haskel LaPort
  
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posted
14 years ago

Sat, Jun 6, 2009 10:10 PM

How were you accounting for the first truck? What are the terms of the lease for the new truck. The question is a tax question and will be the same for any accounting system be it manual or computerized.

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posted
14 years ago

Fri, Jun 12, 2009 11:51 AM

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- Haskel LaPort
  
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posted
14 years ago

Fri, Jun 12, 2009 7:36 PM

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