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What does 'value received' mean on the Bill of Sale of a vehicle?
Wiki User
∙ 17y ago
A bill of sale for vehicle: Very simply it is a document that is signed by the parties that describes the transaction and the intent that the ownership is to change. It should identify the amount being paid or value received - by cash, finance, trade or other means - that is the sale price - for the identified vehicle and anything else that is included, the terms and conditions (warranties, as is, payments due, when delivery is due/pick up to be made, etc.). A receipt. The amount identifed as value is frequently used by the State to determine the tax due.
Wiki User
∙ 17y ago
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How do you post a journal entry for sale of a vehicle with depriciation?
The amount received for sale of the vehicle with depreciation is compared to the vehicle's net value and debited as a loss or credited as a gain.
Can you sell your vehicle with a bill of sale?
You can sell your vehicle with a bill of sale. The title office will except a bill of sale as proof of ownership and payment.
How do you get a vehicle bill of sale?
State approved motor vehicle bill of sale forms can be obtained at your local tag office. If your state doesn't issue a state approved bill of sale you can find a sufficient motor vehicle bill of sale form at the attached link.
Massachusetts bill of sale Vehicle?
State approved motor vehicle bill of sale forms can be obtained at your local tag office.
What is the different between bill of sale and title?
with cars no, Your bill of sale is the title or deed to your vehicle
Where do you find a bill of sale?
State approved motor vehicle bill of sale forms can be obtained at your local tag office. If your state doesn't issue a state approved bill of sale you can find a sufficient motor vehicle bill of sale form at the link provided below.
What is bill value?
Average Bill Value = Total Sale / Number of Bills
What is the bill of sale at the DMV?
The bill of sale at the DMV is a form you need to fill out when you want to sell your vehicle. The bill of sale form is one of the most overlooked forms.
Do you have a Tennessee bill of sale?
State approved motor vehicle bill of sale forms can be obtained at your local tag office.
What is average bill value?
Average Bill Value = Total Sale / Number of Bills
Can a generic bill of sale form be used to sell a car?
A bill of sale shows that the seller sold the vehicle to the buyer and provides the details of that sale. Please note that a bill of sale does not prove ownership--only .
How do you word vehicle receipt?
Bill of sale Invoice Are these what you are looking for?
