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Episode 52 - Shareholder, or a member Capital Balances
Manage episode 342705521 series 3328148
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Have you ever wondered what CPAs talk about over coffee?
In this week's episode, we discussed about shareholder, or a member capital balances.
1. What is a shareholder or member capital account?
2. How do you track the capital account balances?
3. What should you do if you distribute more than the capital balance?
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Do you have a question?
Email your questions to marie@marietorossiancpa.com and we will answer your questions in the upcoming episodes.
Gratefully,
Marie
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