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    phodel's Avatar
    phodel Posts: 1, Reputation: 1
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    #1

    Sep 19, 2008, 04:24 PM
    How to record a cash distribution
    An LLC made a distribution to its members. Would the debit be against an expense account or an equity account?
    AlicenStAug's Avatar
    AlicenStAug Posts: 1, Reputation: 1
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    #2

    Sep 20, 2008, 11:28 PM
    Hi, distributions are a reduction of equity so debit an equity account... :)
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