Recording goodwill in QuickBooks involves creating a journal entry to reflect the intangible asset known as “goodwill” on your balance sheet. Goodwill represents the excess of the purchase price over

Acquiring another company in QuickBooks can be a complex process that involves multiple steps to accurately record the transaction. Here’s a simplified overview of how you can record the acquisition

Paying utility bills in QuickBooks involves recording the payment you make to your utility providers. Here’s how to do it: Step 1: Create an Expense Transaction: Go to the QuickBooks

Raising capital by selling bonds in QuickBooks involves creating journal entries to account for the issuance of bonds, recording the proceeds received, and recognizing the interest expense over time. Here’s

When you purchase advertising services in QuickBooks, you’ll want to record the expense appropriately. Here are the steps to do this: Step 1: Access the “Expense” Option: Go to the

Issuing dividends to shareholders in QuickBooks typically involves creating a journal entry to record the distribution of profits to the shareholders. Here’s how you can do it: Step 1: Create