[GNC] Bootstrapping and Company Ownership.

[Stephen M. Butler]

On 1/15/19 2:26 PM, jason wrote:
> As of right now, is it okay to record it under DB Cash and CR Paid-in
> Capita:Jason ? OR should I use CR Common Stock:Jason acccount?

In my Assets I have a placeholder account called LLC Companies.  Under
that I have an account for each company that I own or have partial
ownership.  Money I put in is applied there with the other side being
the checking account (or wherever I took the money). 

But, that's just me sitting here in the State of Washington in the good
ol' US of A.

You can start out that way and then move the accounts however the CPA
decides they want to see it.

-- 
Stephen M Butler, PMP, PSM
Stephen.M.Butler51 at gmail.com
kg7je at arrl.net
253-350-0166
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