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How does the company boss keep an account when he buys a car and repays the loan?
Debit: advance payment

Loans: bank deposits

Borrow: fixed assets

Unconfirmed financing expenses

Loans: long-term payables

advance payment

Monthly deduction:

Debit: financial expenses

Loan: unconfirmed financing expenses.

Debit: Long-term payable

Loans: bank deposits

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