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-   -   Setting up assets correctly in general ledger (https://www.askmehelpdesk.com/showthread.php?t=196678)

  • Mar 20, 2008, 08:59 AM
    confused6811
    Setting up assets correctly in general ledger
    I need to set up two auto loans in quickbooks pro and I don't know which account should be credited and debited to make sure that I show the assets on my balance sheet.
  • Mar 20, 2008, 11:25 AM
    plonak
    Im an accounting major and I've used quickbooks in the past. You always debit the asset and credit the loan. Hope that helps!

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