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  1.  
    Problem 1) Company A loaned to Company B 50000$. The money will be company B initial capital.
    How should company A record its operation?
    How should company B record its operation?
    Problem 2) S Corporation: Year end net profit 30000$.
    Owner1 (50/50) Owner2 (50/50). Both agree to leave that money into the company. How should be the operation?
    Company distributes 15000 to Owner1 15000 to owner2. How Should the operation be?

    Thanks



 

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