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Car purchase entry

This query is : Resolved 
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(Querist)
14 October 2014 Kind Attn : Dear Sir/Mam

Purchased car as follows:
Down Payment - Rs .....
Loan Amount - Rs ......

Now the loan amt includes the Principal and Interest.

My question is, when making an entry the car account will debited with Down payment + Loan amount or

Down payment + Principal Amount (as appearing in the EMI Statement)


Thanks
Gurvinder Singh
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CA Parul Saxena

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CA Parul Saxena (Expert)
14 October 2014 Down payment +loan amount will be considered for car account.
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