Business, 02.11.2020 21:40 dp845095

Stear Corp. bought a commercial vehicle for $30,000 in the month of June 2015. It pays 50% of its purchase price by check immediately. It signs an agreement with the dealer to pay the balance in the month of December 2015. How will you classify the transaction for purchase when it is recorded in the journal? A. simple journal entry B. compound journal entry C. complicated journal entry D. systematic journal entry

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Stear Corp. bought a commercial vehicle for $30,000 in the month of June 2015. It pays 50% of its pu...

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