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Using Equity Accounts In QuickBooks

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Noble David
Using Equity Accounts In QuickBooks

It is extremely important for business owners and shareholders to properly track the cash they'll contribute to the business or draw from the business. QuickBooks makes tracking these transactions easy once the equity accounts are properly found out within the Chart of Accounts. Whether someone is contributing money for a stake within the company or an owner is drawing funds call at lieu of payroll, equity transactions are important come tax time and for monitoring startup costs.Visit- 

https://accountingerrors.com/owners-equity-accounts-in-quickbooks/

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Noble David
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