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

    Sep 2, 2007, 09:08 AM
    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?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 2, 2007, 02:36 PM
    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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