Mortgage payable ......please help !!!
QuickBooks AustraliaOur monthly installment for the mortgage is $2325.65 but my boss she everytime she will issue the cheque with the amount $2440 . i ask here why she pay extra then she told me she paid that amount because the bank ask her to do so in order to prevent any shortages in paying the late charges or other charges . So my problem here is how am i going to record this transaction in a journal entry ......
