How to do accounting entries for car dealership selling car with trade in?


Posted August 30th, 2010 by admin 1 Comment »
car
Tuan D asked:


How do you do the journal entries if a car dealership sold a car with a trade in?
Lets say the dealer is selling the BMW for 24,000 with original cost of 20,000. And the trade in from the customer is worth 18,000.

So the dealer receives 6,000 cash from this transaction but how is revenue recognized?

What are some good interest rates for automobile financing these days? And some bad interests rates?


Posted May 9th, 2010 by admin 2 Comments »
automobile
Zine asked:


Does anyone know what interest rates should be offered for good, fair and poor credit, when financing a vehicle?

You have just purchased a new automobile, and the owner’s manual suggests having the car serviced every 3,000?


Posted April 10th, 2010 by admin 2 Comments »
automobile
Joel asked:


You have just purchased a new automobile, and the owner’s manual suggests having the car serviced every 3,000 miles. However, after reading the manual closely, you realize that your warranty will be valid if service is performed at least once every 7,500 miles. Evaluate these two alternative service intervals for maintaining your automobile. What costs would be associated with each alternative, and under what circumstances would each alternative be better?

I need to send my automobile to Veracruz, Mx from Tampa, Florida but need to find out how much?


Posted March 24th, 2010 by admin 1 Comment »
automobile
lysa2004l asked:


I have done it before sending a automobile from Tampa,Florida to Honduras but can’t remember where in Tampa or how much.You don’t have to drive over there, they send it by boat.

Being a Cost Analyst of an Automobile Company, you have suggested adopting a perpetual inventory system for in?


Posted February 19th, 2010 by admin 1 Comment »
automobile
Muhammad asked:


Being a Cost Analyst of an Automobile Company, you have suggested adopting a perpetual inventory system for inventory maintenance. On what factors a perpetual inventory system would be suggested?

How much do post office automotive technicians make?


Posted February 7th, 2010 by admin 2 Comments »
automotive
Tim & Candy asked:


I have the opportunity to be an automotive technician for the post office. I am trying to find out how much they typically make starting out and what the potiential pay is. Does anyone know or can someone point me towards someplace to find out?

How can I turn my automotive business into an eco-friendly company?


Posted February 6th, 2010 by admin 1 Comment »
automotive
jason z asked:


What steps can I take? What other ideas do you have to help me save our environment from a business standpoint? What possible set backs can I expect to encounter? What other automotive companies have paved the way for an eco-friendly automotive industry? Thank you all!

Where could I find a article on Quality control and how it applies to the automotive industry or similar?


Posted January 18th, 2010 by admin 1 Comment »
automotive
power03stroke asked:


I need a full text article on Quality control, control charts, sampling, etc (Industrial Engineering) and how it is used or examples of new types in the automotive industry, racing, cars, truck, or any similar related field. A current (2008-2009) Article would be preferred from anywhere between 2 to 30+ pages long. Thanks!

Can an automotive finance company verify employment without authorization from me?


Posted January 13th, 2010 by admin 2 Comments »
automotive
curtisandrewnewman asked:


A automotive finance company sent me 3 quotes for refinancing my vehicle. I have since chosen to stick with my current lender. Today, the company called my office to verify employment. In the loan documents they sent me, there was an authorization form to collect this information from my employer. Obviously I didn’t sign nor submit it. Is this legal to initiate a loan or proceed without authorization from me?

What percentage of my car lease can I write off as a business expense?


Posted December 31st, 2009 by admin No Comments »
car
curious asked:


So if I leased a car to use for my business, could I write 100% of the lease cost off on my taxes as a business expense? This car would only be used for business purposes.