What is best way to show payoff of a vehicle and closing account?

Traded in a vehicle and am trying to show payoff and balance of $ 0.

Answers

  • NotACPANotACPA SuperUser ✭✭✭✭✭
    What did you get in exchange for the trade-in?  Cash? Credit towards new vehicle?
    Are you trying to show the value of the vehicle as $0?  Or the value of an associated loan?
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
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