FishingForAnswers
Level 10

Banking

@pcarew  Well, there are several ways to do it, but they all amount to the same thing.

 

To handle the original erroneous deposit into the business account, make a GJE debiting your business account and crediting Owner's Equity on the appropriate date.

 

Then, make another GJE debiting Owner's Equity and crediting your business account on the appropriate date.

 

This will fully recognize both events.