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-   -   The question is: (https://www.askmehelpdesk.com/showthread.php?t=642264)

  • Mar 9, 2012, 04:51 PM
    jesslr13
    The question is:
    Gerald toook out a building loan with WF Bank for 100,000. How do I put this in the general journal?

    My guess is
    Building 100,000
    Mortgage Payable 100,000
    Is this right or am I completely lost?
  • Mar 10, 2012, 12:06 PM
    pready
    You are correct.

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