Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results forΒ
Get 50% OFF QuickBooks for 3 months*
Buy nowOne of my clients used the business checking account for the purchase of a refrigerator. I posted this as an owners draw. He ended up canceling the purchase due to delivery issues. I posted the cancelation (or return) of the refrigerator as an owner contribution. Is this correct? I consider that contributions and distributions net the same regardless of which account the transaction is posted.