samedi 12 juillet 2014

New Bank Account Question

I'm starting a new home business and will be opening a separate checking account for business transactions. My bank requires a minimum deposit for a business account to avoid monthly charges. If I seed this account from my personal funds with enough to cover the minimum plus some extra for initial expenses, how is this initial funding handled from an accounting perspective? Can I treat this initial balance like a zero balance. I don't want this to look like business income and be subject to taxes.




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