QuickBooks for Your Business2018-10-10T15:37:45+00:00

Entering liabilities in quick-books

Liabilities is what you owe others. You can accrue liabilities in your business by:

  1. Accepting advance payments from customers, clients or tenants
  2. Buying supplies or inventory and paying later
  3. Using credit cards
  4. Getting bank loans
  5. Putting money in your business as a loan.

In this exercise, we will demonstrate how to enter liabilities from bank loans.

One Comment

  1. Evelyn Ivy, CPA, MBA October 10, 2018 at 2:45 pm

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