I’m the sole owner of an s-corp and have an owner’s
equity account. This months cc bill has both personal and business
purchases. I would like to pay off the credit card balance using $ from
the company checking account.
For example : I owe $150 on the cc, $25 for personal
purchases and $125 for business purchases. What is the best way of dealing with
this in QB. Do I draw the $25 out of the owners equity account?
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