Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Accounting for Loans and Hire Purchase Agreements. That video is uploaded by XU Solutions at 2022-06-28T06:00:16-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [_BtU6XGLRSE]
| Name | Accounting for Loans and Hire Purchase Agreements |
| Video Uploader | Video From XU Solutions |
| Upload Date | This Video Uploaded At 28-06-2022 13:00:16 |
| Video Discription | Do you have to account for loan or hire purchase payments? In this video I use a simple example to explain how to deal with the loan and the repayments and how your financial statements are impacted. We cover how to ... 1️⃣ Split the payments between capital and interest 2️⃣ Reduce the loan balance by the capital 3️⃣ Expense the interest in the profit and loss account If you are a Xero user, you may also be interested in this video - HOW TO ENTER HIRE PURCHASE PAYMENTS IN XERO https://youtu.be/bzwPmiCjt4s _BtU6XGLRSE |
| Category | Education |
| Tags | cloud accounting | xero tips | xero training | xu academy | depreciation | accounting for small business | small business accounting | accounting terms | accounting tips | hire purchase | accounting for hire purchase | accounting for loans |
