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Dovergirl
March 23, 2023
Question

Personal $ invested in company

  • March 23, 2023
  • 1 reply
  • 0 views

We invested $50000 in the company from personal investments. Now I have to JE the Interest Income, Dividend Income, Capital Gain on investments and Management Fees. Some of these accounts are set up but I need to set up Dividend Income, Capital Gain on Investments and Management Fees on Investment.   What is the structure of these accounts?  

1 reply

H
Henock K
March 23, 2023

Hi Dovergirl,

 

Welcome to the Community. It's essential to correctly record your journal entries to keep your books up to date. QuickBooks Online is a flexible program that simplifies the way you manage your books. I'd be glad to point in the right direction to record your journal entry.

 

I encourage you to consult an accountant. They'll be able to point you in the right direction to record your journal entry to keep your books balanced. If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

 

Let me know if you have any questions, I'll be happy to help.

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