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-   -   What type account would you classify a home mortgage being paid out of a corporation? (https://www.askmehelpdesk.com/showthread.php?t=782997)

  • Jan 30, 2014, 11:44 AM
    Lanette Spotans
    What type account would you classify a home mortgage being paid out of a corporation?
    If you pay your home mortgage out of your corporation account, what type account should it be posted to? Owners equity?
  • Jan 30, 2014, 12:49 PM
    smoothy
    Unless those home is owned by the corporation... I don't see how its legal to pay it from that corporate account. Corporations business and expenses are supposed to be separate for personal private ones...

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