lauratripp
Oct 15, 2008, 12:39 PM
I have started a new LLC and all the capital contributions from the members are in one account. I think I should separate the Capital Account which is an interest bearing money market, from the Operating Account and then transfer money from CA to OA as needed, opinions? The business does not have any profit yet but we do have expenses. I just got Quickbooks online and would like to enter all the expenses, should I do journal entries for all expenses?





