Question: USING QUICKBOOKS- Set Up to Record the Automatic Transfer of Funds In this exercise, you will record the automatic payment of the TD Reno loan
USING QUICKBOOKS- Set Up to Record the Automatic Transfer of Funds In this exercise, you will record the automatic payment of the TD Reno loan payable for April. (You should have a $5,150 loan payable from 22/03/2026.)
Record the first transfer on 15/04/2026 for $206.00 from the bank to the TD Reno Loan account.
Create a recurring transfer for the following twenty-four months. Name this template Loan Payment. Run the Recurring Template List report.
Export the list to Excel, saving it to your Chapter 03 folder as: CH03 Recurring Template List
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