How can you enter Business loan obligations in Quickbooks?

progress asked: I just started a small business and i’m using my personal credit card for the very first equipment. i just purchased quickbooks and i want to know how to enter the loan into the systems, so that quickbooks will see it has a business loan obligations that needs to be satisfied at the [...]

Is it worse to not pay off a business loan?

Diggy D asked: I recently went out of business and have alot of debt, around $35,000 dollars in personal credit card and loan debt and 1 $9,000 Business loan, is the business loan worse if I do not pay it off, I currently cannot afford to pay it and they are threatening me with letters [...]