So hey! I don't know if this is the right group upon which to post this question, so please let me know if it would be more appropriately addressed to a different group. Here goes: In my chart of accounts, I have a bank account, the balance for which I want to pay via a GJE. The checks were entered into the account, and I was at the register. I clicked on "Company", selected "Make General Journal Entries", and made a GJE with that bank account as the debit "Account" (in the amount of the account's balance) and "Stockholder Loan" as the credit "Account" (in the same amount). By my estimation and prior experience (unless I'm hallucinating?) this should zero out the balance. However, it doesn't show up on the register. Shouldn't it?
Thanks for any feedback you can give to shed some light on this confounding problem! Maybe I am supposed to go about things differently than I have?