Thanks Mr. S. I appreciate your advice. I have enough money tucked aside personally to easily cover the computrainer without straining my finances. It's just a matter of loaning my company more money from my personal account. I guess I'm just a little concerned about showing a profit at some point in the first 3 years of the company's existence. I'm not really sure how much money this will generate, especially in the current economy.
When you say put it in as equity, do you mean loaning the company the money to buy it and count that loan as owner equity?
Also, do you have an easy way to remember what's a credit and what's a debit when you're doing ledger entries? I'm confused about that. One day I think I've got it straight then the next I'm all twisted around again.
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