We run a partnership business and would like to record the purchase price of the business as partner's equity. How to pass the entry in Quickbooks online >
We run a partnership business and would like to record the purchase price of the business as partner's equity. How to pass the entry in Quickbooks online >
The equity would be equally shared between both the partners
We run a partnership business and would like to record the purchase price of the business as partner's equity. How to pass the entry in Quickbooks online >
Hi @josephamy74 , make up a journal dr cash cr aa's equity, bb's equity, cc's equity. Comment back, cheers.
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