Accounting of a 401k loan

Charles Gagnon charlesg@unixrealm.com
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.

-- 
Charles Gagnon                   | My views are my views and they
http://unixrealm.com             | do not represent those of anybody
charlesg@unixrealm.com           | but me.

   One tequila, two tequila, three tequila, floor.
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