I need to change it a little. the last sentence should be replaced by following.  If you received rents more than the expenses you would create a check and issue a refund to this OwnerB customer. You will write check to Owner B, Account is accounts receivable customer name is ownerB and class it. once its done you go back to customers, OwnerB will now show a reduced amount because the check you just wrote. go to receive payments and apply the GJE credit to this check to zero out the open balances