That depends on it you are purchasing a company without any fixed assets. If you are just buying the company without fixed assets, made a journal entry. Line 1)...
Are you using QuickBooks payroll? If so, then you need to set up a payroll item with the property address set up as wages and point that to your WIP account (an...
You can take a distribution is your equity section is positive since S-Corp earnings will run through your personal return. Set up an equity account and call it...
