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eseeacuity
Level 2
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About eseeacuity
  • @Malcolm Zimanwrote:@eseeacuitywrote:I'm relieved OBE does not have to be $0 after opening balances...OBE must be zero. If it is not zero, you made a mistakeWha...
    eseeacuity
    15
    Updated Nov 12, 2020
  • @Malcolm Zimanwrote:"bank account and credit card balances$50,000" credit card balance is a negative, so is this net?Yes, that was a net.
    eseeacuity
    Updated Nov 12, 2020
  • I have a good handle on payroll, yes. This is not our first year as an s-corp; we have been paying salaries using a full service payroll company for some time n...
    eseeacuity
    2
    Updated Nov 12, 2020
  • I do understand equity (and you were correct of course that we are shareholders, not owners). My struggle is mainly as a first time Quickbooks user. It seems yo...
    eseeacuity
    7
    Updated Nov 12, 2020
  • This makes sense to me, and I'm relieved OBE does not have to be $0 after opening balances...that was very confusing to me. I agree that we should go ahead and ...
    eseeacuity
    27
    Updated Nov 12, 2020
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