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Owner's Contributions
ksfrance
Oct 30, 2007, 04:38 PM
I am starting my own Bookkeeping and Consulting business. Is it best to post my start up expenses to owner contributions?
CaptainForest
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.