MYOB - How to Enter a Business Loan?

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MYOB - How to Enter a Business Loan?

Postby Georgie on Thu Feb 04, 2010 3:24 pm

In MYOB if I wanted to enter a business loan how would I put it into the computer?
I have debited the bank account and credited the (Liability) loan account. Balance Sheet looks right but I can’t reconcile as its sits on the bank account as cash in the bank but its not! So how do I gnl to negate the $ in the bank?
Georgie
 
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