Simple Accounting question for book keeping and Profit and Loss

[Alexis Zion]

Hi All

I have a simple accounting question

I had to buy a $30,000 Furnace for one of my building, in March 2014

I am making payments on the unit for about $2000.00 a month

Do I record the $2000.00 payments on my books as a debit?  for each payment made?

Thus they would count against my profit and loss statement?  

Thanks in advance for your help