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December 1, 2019
Question

I put money in apps likes Acorns and Robinhood. Are these personal or business expenses?

  • December 1, 2019
  • 1 reply
  • 2 views
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1 reply

Rustler
Level 15
December 2, 2019

Acorns, etc are basically banks, if you put money in them for business purposes then that is owner equity investment, if it is for personal use, then it is personal.  Putting money in the business is never an expense