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    MaryLewis's Avatar
    MaryLewis Posts: 2, Reputation: 1
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    #1

    Oct 26, 2013, 11:06 AM
    The business started with capital of $40,000 in cash. Banked $30,000 how do I record?
    July 1 The business started with capital of $40,000 in cash.
    July 2 Banked 30,000, and rented a "display case/counter" from "Display Worldwide" @ $1,000 per week, paying the first week by cheque.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Oct 26, 2013, 11:09 AM
    Hello Mary:

    Hire a CPA to set up your books. It'll be CHEAP.

    excon
    MaryLewis's Avatar
    MaryLewis Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Oct 26, 2013, 11:13 AM
    Quote Originally Posted by excon View Post
    Hello Mary:

    Hire a CPA to set up your books. It'll be CHEAP.

    excon
    I wish I could excon but this for a project.
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