When paying for the car:
Borrow: prepayment - a company
Loan: bank deposits
When the invoice is received:
Borrow: fixed assets - transportation equipment
Loan: prepayment - a company
II, Prepayment refers to the enterprise in accordance with the provisions of the purchase contract, in advance with monetary funds or monetary equivalents to pay the supply unit. In daily accounting, prepayments are recorded at the actual amount paid, such as prepaid materials, commodity purchase payments, must be issued in advance to be recovered at a later date, such as advance purchase deposits for agricultural and sideline products. For the purchasing enterprise, prepayments are a current asset. Prepayments generally include prepayments for goods and prepayments for purchase deposits. Prepayments for construction enterprises mainly include prepayments for projects, prepayments for material preparation, etc. The debit side of the account registers the enterprise to the supplier prepaid payments, credit registers the enterprise to receive the purchased goods should be carried forward prepaid payments, the closing debit balance reflects the enterprise to the supplier prepaid and has not yet issued the goods prepaid payments.