In this video, I show you how to record an asset you purchased with a loan in QuickBooks Online. You'll learn how to enter the asset, how to enter the loan, and what it all looks like on your balance sheet.

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Timestamps
00:00 Intro
00:20 Add asset in the Chart of Accounts
01:48 Add loan as a liability in Chart of Accounts
02:50 Add journal entry in the Asset Register
05:44 Asset and loan on the Balance sheet
06:30 Outro

#quickbooksonline #bookkeeping

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