Rustler
Level 15

Payments

@ Teri

Wouldn't an "Equity Draw", as you call it, imply payment to Owner/Shareholder vs. another business entity?

So then does one company have partial ownership of the other company based on their "investment" in it?

 

in the OP, the owner of both companies is the same person. He, the owner, takes money from one company to pay the expense of another. The act of taking money is a draw, and putting it in another company he owns is an investment.

 

No there is no company ownership of one with another