The TWO options for paying for something business-related that is personal in nature
1 year ago
💼 When paying for something business-related that is personal in nature, it is best to try to avoid it. However, if it does occur, there are two options. The first is to record it as an owner’s draw distribution and move on. The second option is to record it as a loan receivable from the shareholder.
If the loan is paid back through reimbursement, then the loan can be closed out!
Watch the full episode now! 💼💼💼
Loading comments...
-
2:12
RedpillUSAPatriots
3 months agoWho is paying for this
2.51K2 -
6:17
7FiguresFunding
10 months agoBusiness vs. Personal Funding: Which Options Are Available to You?
1 -
45:28
Stuff Your Accountant Isn't Telling You
1 year ago#23: Can I Afford to Take a Loan For My Business?
7 -
0:28
CLAMS Consulting - FAQs
4 months agoHow can I pay your Services?
35 -
2:19
kiakamgar
9 months agoYou have to pay for it somehow
1 -
0:49
The Rachel Cruze Show
1 year agoThe 2 Methods To Pay Off Debt
10 -
0:39
sacapitalpartnersreviews
1 year agoPersonal Loans Are Available From the Company
4 -
9:28
Ben Hedges
1 year agoPersonal Credit Cards VS Business VS Corporate: What’s the Difference?
14 -
2:34
NowYouKnowHindi
3 years agoशीर्ष 4 सर्वश्रेष्ठ रिमोट जॉब्स जो अच्छी तरह से Pay करते है
118 -
1:31
Insights With Daniel
2 years agoHow to use you business bank account
26