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QuickBooks® 2012 For Dummies®, UK Edition by Loredana Stroup, Stephen L. Nelson

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Chapter 18

Tips for Handling (Almost) Ten Tricky Situations

In This Chapter

arrow Depreciating and selling an asset

arrow Repaying loans

arrow Handling bad debts

arrow Tracking owner’s capital

arrow Owner’s drawings and contributions

arrow Writing dividend payments

As your business grows and becomes more complex, your accounting does, too. We can’t describe and discuss all the complexities you’ll encounter, but we can give you some tips on handling (just about) ten tricky situations. In this chapter we’ll take a look at depreciation, selling assets, drawing money out of the business, and repaying loans.

Entering Depreciation

tip.eps In QuickBooks, you make journal entries by using the General Journal Entry window, which you get to by choosing Company⇒Make Journal Entries. If you don’t understand double-entry bookkeeping but ...

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