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-   -   How to record a cash distribution (https://www.askmehelpdesk.com/showthread.php?t=262334)

  • Sep 19, 2008, 04:24 PM
    phodel
    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?
  • Sep 20, 2008, 11:28 PM
    AlicenStAug
    Hi, distributions are a reduction of equity so debit an equity account... :)

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