ABC company bought a car by amount of 80,000 (instalment) 3 years Value in cash = 65,0000 Car value in fix assets list? Necessary journal voucher

Value of Car will be Cash Price of the Car. Rest of the amount is financial Cost

CAR           80000

                    CASH     65000

                   DISCOUNT  15000

Car  80,000

                   Cr Cash                    65,000

                   Cr Discount Received 15,000

Dr Car  80,000

                   Cr Cash                    65,000

                   Cr Discount Received 15,000