According to the provisions of the Accounting System for Business Enterprises, car purchase by mortgage is a long-term loan business, and the corresponding accounting treatment is as follows:

The driving of the car is not owned by the company, so it cannot be recorded in the company's fixed assets. The down payment and mortgage for buying a car can only be counted as the boss's loan from the company. Entry:

Debit: other receivables -boss

Loan: cash on hand? /? bank deposit

The car is used by the company, and the related expenses can be reimbursed by the invoice and recorded in the management expenses.

Borrow: management fee

Credit: Cash on hand.

This is a kind of debt reduction and a subject of write-off. The loan amount is the loan amount in the bank account.