How to post Sale of Business Rental Property

What are the property steps and accounts on recording the sale (from escrow statement) of a Business Rental Property (Partnership owes a rental property)?


  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    There's no way to properly record Partnership transactions in Q.  You'd be better off using Quickbooks

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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