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    ksfrance's Avatar
    ksfrance Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 30, 2007, 04:38 PM
    Owner's Contributions


    I am starting my own Bookkeeping and Consulting business. Is it best to post my start up expenses to owner contributions?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Nov 2, 2007, 12:36 PM
    It doesn't matter.

    An easier way could be to debit your cash, credit capital……then debit expense to your business as start up costs and credit cash.
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