What's the best way to record this?

Michael DeBusk mdebusk at nlphilia.com
Sun Jan 2 20:48:30 EST 2011

"Ryan Flegel" <rflegel at gmail.com> wrote:

>What's the best way to record this?

Using a liability account is the correct way. I see nothing wrong with doing it the other way, though, if it's a one-time thing.

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