Re: Where to record business equity in your personal books

David, I understood the tone just fine. No worries. And certainly, yes, an investment should be an asset. (hopefully) I just found it odd that in all my searching for the answer not a single source even addressed the perspective of the personal books of the investor. I did find a chart of

Re: Where to record business equity in your personal books

Hi Adrein, I apologise if my comment appeared a bit flippant. The intention of my comment about choosing any name was really that the actual name is less important than the structural aspect of it being an asset account. The general expectation would be that an investment in a business would

Re: Where to record business equity in your personal books

Thanks David, I guess I’ll just make make up an account name. Regards, Adrien > On Jun 18, 2017, at 6:43 AM, DaveC49 wrote: > > Hi Adrein, > > I agree you would record the investment in a company as an asset. I don't > know about elsewhere in the world but when you

Re: Where to record business equity in your personal books

Am 6/18/2017 um 1:04 PM schrieb Adrien Monteleone: > I’ve been web searching to no avail on this one. It seems every result > assumes the perspective of the company’s books when answering this question. > I’m trying to find out what account to use for personal books. > > Let’s take an example of