Re: Where to record business equity in your personal books

2017-06-19 Thread Adrien Monteleone
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

2017-06-19 Thread DaveC49
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