bb43
Apr 5, 2010, 10:57 AM
I am one of three members starting a small business. 1 member has donated cash. The others have donated cash and/or time in lieu of cash. My the value of the time is known.
I have two questions related to this
1. How do I account for the value of the time, and,
2. How do we show this as part of "Owners Equity"; or do we?
Thanks
BB43
I have two questions related to this
1. How do I account for the value of the time, and,
2. How do we show this as part of "Owners Equity"; or do we?
Thanks
BB43