What category does a credit card loan go to when the debit is for equipment for your business?
April 22, 2010 by admin
Filed under Questions and Answers
queen_kat779 asked:
Will my credit card be under a cost of goods account, expense account, loan or what? The equipment had already been paid in full by the credit card, now we are paying the credit card off. Should I name the credit card as a vendor?
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Will my credit card be under a cost of goods account, expense account, loan or what? The equipment had already been paid in full by the credit card, now we are paying the credit card off. Should I name the credit card as a vendor?
Content