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S-Corp Member Buyout Question

Initial Agreement Defaulted On - Then secondary Agreement

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50% Member was bought out mid-year for $300,000.  Months later the initial installment of $150,000 was due and defaulted on.  The remaining $150,000 was due to be paid out in monthly $5,000 installments until paid off.  There has since been a secondary agreement for $360,000 in inventory as the buyout.  

How are these transaction recorded in QB?

Thank you

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