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by excitedd
Tue Nov 26, 2019 2:25 pm
Forum: Accounting
Topic: Loan Refinance
Replies: 3
Views: 1355

Re: Loan Refinance

I'm guessing that this should have been a new question instead of a reply.
We did not incur any new charges at all. But note and interest rate was reduced.
I'm using a new fund on a different computer than before the refi.
What are the journal debit and credit entries to start the new notes payable?