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How do I, as a business owner, record my salary?
Assuming you are the owner of the company, you can record your salary via a journal entry which affects the bank account and the wages expense or owners equity or owners withdrawl account. You may need to set these accounts up in your chart of accounts prior to creating the journal entry.
Note: this article is also publicly available at http://wiki.wws5.com/share/record owners salary via journal entry0812301030.html
recordownerssalaryviajournalentry0812301030.flv
Created by Jennifer Wicks at 12/30/2008 10:30:09 AM