The Mark Butler Show

EP29: Bookkeeping 101: How to track loans and loan payments in your business.

Episode Summary

When I borrow money to fund my business, how do I track the money into my business? How do I track the payments to the loan? Are the payments a business expense? Let's clear all that up for you.

Episode Notes

When I borrow money to fund my business, how do I track the money into my business? How do I track the payments to the loan? Are the payments a business expense? Let's clear all that up for you.