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mike16
Level 3

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So, normally if I were to just deposit personal money into the bank, for example, if I load my company $1000, that should post to the <owner equity> account correct?  But, since I only have the option in the deposit screen to choose an account to deposit FROM, I was alright choosing the <owner draw> account correct?

In the end, depositing money to <owner equity> is the same as depositing money to <owner draw> no?

I have never balanced my equity accounts in the past.

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