Cash out: Accounting for a Cash out Refinancing
What if in this scanario that it’s appraised for much more and at closing you were given $60k. how to you account for the cash given?
I don’t see what an appraisal has to do with how much you get at closing.
If you are buying, then you took out a mortgage. […]
Resolution for 'Cash out issue: 'Accounting for a Cash out Refinancing' available: Yes.
The Cash out issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Cash out issue yourself by looking for a resolution described in the article. If it is a complex Cash out issue or you are unable to solve the issue, you may contact us by clicking here or by using other Cash out support options.
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