Account is Asset if monies owed to SH and Equity if company owes SH money
sailorca
donald.chisholm at gmail.com
Fri Mar 1 20:50:15 EST 2013
Hi guys,
I finally decided to create accounts on both sides of the balance sheet and
simply resolve the accounts at the end of the year with a consolidating
entry. Thank you for your advice and input.
Thanks again,
Donald
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