Tips for Handling (Almost) Ten Tricky Situations
In This Chapter
Depreciating and selling an asset
Handling bad debts
Tracking owner’s capital
Owner’s drawings and contributions
Writing dividend payments
As your business grows and becomes more complex, your accounting does, too. We can’t describe and discuss all the complexities you’ll encounter, but we can give you some tips on handling (just about) ten tricky situations. In this chapter we’ll take a look at depreciation, selling assets, drawing money out of the business, and repaying loans.