I have a small business (very small!) that I'm using gnucash to do the accounting for. I have a couple of expenses that I'm paying out of my personal account that I want to charge off as a business expense, such as a portion of my phone bill and cell bills. I don't necessarily want to pay myself for that expense, but I do want to show the charges in gnucash somehow so the P&L and other reports will reflect actual business expenses. Since this is a double entry system, I need some kind of an account (liability?) to post the other half of the transaction to. What's a reasonable way to do that? I know I'll have to have expense accounts set up for phone and cell expenses, but the other side is what I don't understand since there won't be any actual exchange of funds.
<br><br>Thanks,<br>Jim.<br>