Booking an impairment loss in QuickBooks involves creating a journal entry to account for the reduction in the value of an asset, such as a long-term asset like equipment or

To record the payment of interest on bonds in QuickBooks, you can use a journal entry. Here’s how to do it: Step 1: Create a Journal Entry for the Interest

In QuickBooks, you can record the sale of accounts receivable using a journal entry. The sale of accounts receivable typically involves a factor or financing company buying your outstanding invoices

Transferring company assets to a trust in QuickBooks involves creating a journal entry to record the transaction accurately. Keep in mind that the specifics of this process may vary depending

Recording the purchase of a subsidiary in QuickBooks involves several complex accounting transactions. It typically includes consolidating the financial statements of the subsidiary into those of the parent company. This

To record the payment of employee healthcare costs in QuickBooks, you can use the “Write Check” function or enter the expense through the “Expense” transaction. Here are the steps to