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10/05/2020 10:17 pm
What is the correct way to enter startup costs for a new LLC, that are coming from the same owner's existing LLC? I am starting a new Quickbooks company for an owner who is wiring funds from his development company LLC to start a new LLC; however, some of the startup costs have also been funded from the development company LLC directly (prior to opening the new business checking account). Will all startup costs go to a "Start Up" account and be offset by the same "Owner's Equity" account eventhough the funds come out of different bank accounts?