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The LOAN money came from an exchange of assets in F2. The asset account -cash for F2 went down and the asset account-accounts receivable staff loan- in F2 went up. The REPAYMENT transacted in F1 because that is the normal operating fund that includeds payroll. The repayment creates a liability for u...

Is there a way to transfer funds from one account to another that would allow Fund 1 Cash to be transferred to fund 2 Cash, interest income, and staff loan? Behind the question-From an employee’s paycheck we create a liability for the amount held from the check to pay the monthly payment back to the...