Reply To: Quickbooks

wow bH such fast responses! so the first question… it tells me that “a compan owns two properties and as of 12/31/017 it owed a certain amount (a 25- year mortgage classified as a long term liability called notes payable)on the 2 properties for which it originally paid …(it says the amount). of this amount, …. was identified as land, … as furniture and equipment, and … as buildings. use Buildings as the fixed asset account name for the buildings. Accumulated depreciation for all fixed assets as of 12/31/07 was ….

so that’s the first paragraph i need help with (don’t worry I’ve already done two pages…) and i don’t know where to fill out this info!!! help pls!!!