Skip to main content
Aug 15, 2020 6:12 PM UTC
Question

We run a partnership business and would like to record the purchase price of the business as partner's equity. How to pass the entry in Quickbooks online >

The equity would be equally shared between both the partners

1 reply

Aug 15, 2020 9:12 PM UTC

Hi @josephamy74 , make up a journal dr cash cr aa's equity, bb's equity, cc's equity. Comment back, cheers.