I'm trying to figure out a way to record other income into my company QuickBooks. The other income was deposited into my personal bank account (a joint account with my partner) which I keep track of in a separate QuickBooks login account.
I created an "other income" account and know how to create a journal entry but need help figuring out how to create a journal entry to reflect the income that was deposited to another bank account not connected to my business. I basically need help figuring out what accounts to debit and credit.
Would I debit from "Owner Draw" or "Owner Contribution" equity accounts?