I have been working with a CPA. And I can't say I entirely understand all of it. But in order to get my end-of-year contribution to show on my balance sheet, he...
@RainflurryThere must be something fundamental I am not understanding. I have an owner-draw COA that I use. And if I understand correctly, for any draw that I t...
Yes, looking at my 1120S, that extra cash is on schedule M-2, Line 2 Ordinary Income and is reflected in line 8, EOY balance. It shows up accordingly in my Bala...