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how do i record owner's equity distributions

owner's equity distribution and journal entry

Best Answers

how do i record owner's equity distributions

Just go to Journal Entry and perform the below entries.

Example :

Owners Equity A/C 1 $450Cr.

Owners Equity A/C 2 $600Cr.

Owners Equity A/C 3 $450Cr.

Retained Earnings A/C $1500

That's it.

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2 Comments 2

how do i record owner's equity distributions

Just go to Journal Entry and perform the below entries.

Example :

Owners Equity A/C 1 $450Cr.

Owners Equity A/C 2 $600Cr.

Owners Equity A/C 3 $450Cr.

Retained Earnings A/C $1500

That's it.

how do i record owner's equity distributions

Just go to Journal Entry and perform the below entries.

Example :

Owners Equity A/C 1 $450Cr.

Owners Equity A/C 2 $600Cr.

Owners Equity A/C 3 $450Cr.

Retained Earnings A/C $1500Dr.

That's it.

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