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Business Expenditures from Other Accounts

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Bethany Beneventano

If your business acquired fixed assets from sources other than the business bank or credit card accounts, please provide the following details so these can be added to the Balance Sheet: 

  • Date of Purchase
  • Amount
  • Type of Asset - equipment, leasehold improvement, etc.
  • What type of account was used to make the purchase, and details of the account owner:
    • Personal Account - includes any personal checking, loan or other account
    • Account belonging to another business - provide business name
    • Loan account associated with this location - provide loan agreement & disbursement schedule
  Date Vendor (who was paid) Amount How this was paid (Indicate Personal or Business) Reason for Transaction
Example 6/1/2024 Custom Signs of Houston $15,000.00 Another business account, Smith Enterprises, acct ending in *5724 Sign
Example 7/1/2024 ProBusiness Furniture $12,000.00 Juan Perez personal account, acct ending in *2487 Furniture
Example 1/8/2025 Restaurant Supplies Inc $17,000.00 Spirit of Texas Loan, acct ending in *4582 Inventory
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