Asset with rebate

[Bernard Fay]

Hi,

How should I record an asset bought with a rebate?

Say the asset is valued at $40000 but the buyer got a $5000$.
Also, say the buyer gave $10000 from his pocket and $25000 from a loan?
How to record this kind of transaction?

As an asset in gnucash, should we record the value of the asset ($40000) of
the discouted price of the asset ($35000)?
If we record the value of the asset (40000) what do we do the $5000
discount?

Admittedly, I am a bit loss with this transaction.

Thanks
Bernard