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What accounts are affected when an asset has been bought

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What accounts are affected when an asset has been bought on credit (1 October 2011) and is to be paid within 36 months from the purchase date and the financial statements are for the year ended 31 March 2012?

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132354210

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What accounts are affected when an asset has been bought : What accounts are affected when an asset has been bought on credit and is to be paid within 36 months from the purchase date and the financial statements are.
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