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    graceburch Posts: 1, Reputation: 1
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    Apr 1, 2013, 07:41 AM
    Journal Entry
    I borrowed money to buy a business. I made the correct entries for the loan. But, then I changed the company name and bank account. I am not sure how to make the journal entries for the outstanding loan without receiving cash again? I want to the balance sheet to show the outstanding loan.

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