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Home > Business & Careers > Accounting   »   Owners’ equity

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Old Sep 2, 2007, 08:08 AM
rachaelleigh
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Owners’ equity
What part of a balance sheet do Distributions to owners reside? Is it an assest? A Liability? Where do I put these figures in order to detrmine my OE?

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Old Sep 2, 2007, 01:36 PM   #2  
CaptainForest
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Neither. They would be under the Owner’s Equity section as Drawings. That would have a debit balance though, to offset the capital account.
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