QB Issue Resolution:
yeah it would, but it would make more sense when you view the balance sheet to show owner investment in an equity investment account
I recommend you have the following for owner/partner equity accounts (one set for each partner if a partnership)
owner/partner equity drawing – you record value you take from the business here
owner/partner equity investment – record value you put into the business here
Resolution for Issue 'I want to enter cash expenses paid by the Owner for the Business. Can I put it in as a journal entry debiting the expense and crediting Owner’s Draw?' available: Yes (Solved).
Source: Intuit Community forum.
I want to enter cash expenses paid by the Owner for the Business. Can I put it in as a journal entry debiting the expense and crediting Owner’s Draw?: this 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 issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Expense
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Error Recovery for Expense [Canada]
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