Jessmorris93
Apr 17, 2012, 11:37 AM
How do I enter this as a journal entry? This is for my accounting class..
Dec 10th. Made a loan payment of $5,000. The payment reduced the long term note liability by $4,200 and included $800 of interest.
Dec 10th. Made a loan payment of $5,000. The payment reduced the long term note liability by $4,200 and included $800 of interest.