Contributions
My boss's own a few businesses and they have separate bank accounts for each business.
Boss A has some of his personal money held in account A and Boss B has some of his personal money held in account B.
I am trying to do the following transaction:
Take 5k from account A (boss A is contributing) and move it to account B. Then move the 5k +another 5k from account B (Boss B is contributing). Total of 10k is being moved to account c as a partner contribution from both partners to company C.
How do i record each of these transactions? I have automatic bank feeds
Out from A. Into B. Out from B. Into C.
Is it an expense or income at any point?
