4 Comparison - Equity Draws Method & Classes Account Method

QuickBooks Desktop Pro-Personal Tax Tracking Tricks Comparison - Equity Draws Method & Classes Account Method
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Transcript

Within the comparison, equity drawers method and classes account method section of the course, we will have a comparison between the two methods after having completed the two methods comparing the equity method and the classes method, both of them having their pros and cons. We'll go through those pros and cons. We'll take a look at the financial statements that are a result of the two formats and how we can format to those financial statements and review some of the added difficulties of each type of method and which method might be appropriate in different situations and according to the preferences of different individuals, the needs of different individuals and their businesses.

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