classify a transfer to my business account: How do I classify a transfer to my business account from my personal account? I sometimes transfer money from my personal account to my business. I just added my personal account to Quickbooks. I
if you are taxed as a sole proprietor or a partnership it is equity investment
I recommend you have the following for owner/partner equity accounts (one set for each partner if a partnership)
owner/partner equity
owner/partner equity drawing – you record value you take from the business here
owner/partner equity investment – record value […]
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