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Setting up - Third shop cost to Capital (equity account)

 
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Marina



Joined: 23 Jun 2009
Posts: 6
Location: quorrobolong

PostPosted: Thu Jan 13, 2011 8:06 am    Post subject: Setting up - Third shop cost to Capital (equity account) Reply with quote

Hi,

I hope someone can help me.

I have a new client who has opened his 3rd retail shop (added to his business) in September 2010. He has asked me to put all expenses in setting up this 3rd shop into capital (equity account). These expenses were paid using his business account or mastercard.
I am not sure how to do this, at the moment I am just entering all the invoices, payroll etc from his 2 other shops - back dating from 1 July 2010.

Thanks
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