Accounting of a 401k loan
Tue, 16 Jul 2002 22:12:38 -0400
Let me appologize in advance as this is more of an accounting
question but here goes...
What is the best way to handle a 401(k) loan. My 401(k) funds
currently reflect the sell of the shares needed. I am just not sure
I should just drop that money directly in my checking account.
Shouldn't it go in a Liability account somewhere?
Thanks in advance.
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