Hi AIPB Community,

The books of a new client have so many old transactions leaving balances in accounts that need to be cleaned and zeroed to make 2019 good for tax season.

I've fixed a few, particularly payroll expense and liability accounts and have taken the old transaction balances temporarily to a newly created equity account so I can keep track of my changes. There are other liability accounts like AP & credit cards to clean.

My question is what is the correct account these should be taken to? 

Thank you for your help.