For instance, if you buy a $30,000 tractor, making a $10,000 down payment and paying the rest with a loan, you might debit Equipment $30,000, credit Cash $10,000, and credit

For instance, if you buy a $30,000 tractor, making a $10,000 down payment and paying the rest with a loan, you might debit Equipment $30,000, credit Cash $10,000, and credit

For instance, if you buy a $30,000 tractor, making a $10,000 down payment and paying the rest with a loan, you might debit Equipment $30,000, credit Cash $10,000, and credit

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