USA HELOC used as a source of funding

[jambeto]

The business I am accounting for is an manager managed LLC. Two of the three owner/managers are a husband and wife using their HELOC as a source of funding. How should I account for this?

 

[jambeto]

Additional info: They are transferring money from the HELOC into their checking account.

 

[jambeto]

Clarification: How would I account for the transfer of money and the subsequent payments?