[Udemy Free Coupon] – Owners Equity Transactions and Tax Mapping

• Record any transaction where the owner pays from their own personal funds for business reasons
• Record any transaction where the owner pays for non business reasons from their own personal funds from the company money
• Record withdrawls of cash and non cash assets by the owner from the business to personal use
• Iidentify retained earnings and what it represents
• Record distribution of partnership income into the equity accounts
• Change the fiscal year in the company file
• Change the company tax form in the quickbooks file
• Map accounts to lines in the company annual federal income tax form

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