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A Quick books question about student loan?
I am using Quick books 2010 to keep track of my student loan.
The loan is entered as a loan and when I pay the monthly payment, I debit loan and credit my bank.
My question is what do I debit and credit if one of my parents pay some of the loan ($500). I have to update the balance so what do I do.
Any help will be appreciated.
2 Answers
- Anonymous1 decade agoFavorite Answer
Well Ill, if money didn't exist, we wouldn't have this discussion and we'd be excellent friends inventing stuff
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