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Lee Thornett
August 14, 2020
Question

Starting a business and using personal funds to buy stock

  • August 14, 2020
  • 1 reply
  • 0 views

I have recently started a new business and have funded the purchase of equipment and stock from my personal bank accounts.

 

How do I enter that in Quickbooks?

1 reply

E
EmmaM
August 14, 2020

Hi Lee, Thanks for contacting our Community forum😊 Are you needing help with setting up the assets for stock and equipment to recording the transaction from your personal account or both? Can we confirm is this a loan you are paying back to the personal account in the short/long term or are you wanting to record this a different way as there is more than one way to record the account transaction?

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