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by Airforcemom
Thu Jan 05, 2017 9:56 pm
Forum: Accounting
Topic: Moving Equity account to Liability
Replies: 1
Views: 587

Moving Equity account to Liability

We had a couple of accounts there were set up as a Equity account, but really should be in a liability account.
One has some funds in it - the other has no balance.

What is the best way to correct this as we start the new year?