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Created by AgExpert Support
Created on Jul 23, 2016

Disqus Agexpert Accounting Questions Archive

How do I transact the monthly interest that is accrued to the FCC-Paterson Grain Inputs line of credit?

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Brenda, You'll want to enter a transaction to increase the line of credit (L+) and offset that against your Loan Interest Charges account (EX). I've done up an example for you below.

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