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Updated about 6 years ago on .
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Operating Expenses vs Journal Entry
This might not be the right forum, but I thought I'd give it a try. I'm keeping my own books for now. For those of you who are keeping your own books do you typically count your principal, interest, and escrow as operating expenses for income statement purposes or do you just do a journal entry? I've been doing journal entries, but it's been throwing off my income statements. Or at least it looks to be.