KVACCOUNTS
1 year agoMember
Sale of business
We have recently sold our business, so I have some questions: How to enter the proceeds into Accountright. Should they be entered directly to an income account or be split up to income accounts...
Hi KVACCOUNTS,
I think it's best to consult an accountant or financial advisor for your situation. Your case may require a journal entry or passing the income through a clearing account since the income is positive and the loan is negative.
Thanks,
Genreve
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