USA Personal LOC used for Business expenses

[Kayla Larson]

I am helping a small business fix their files after a computer glitch lost their accounts and corrupted their back up. The owner has a LOC under his name. He uses it only for working capital and pays the bill with his business account. Since its a personal account I'm not quite sure how to account this. Would this be considered owners draw/investment or would it make more sense to treat it as a business account?

 

[maarkr]

do u mean LLC? how about just equity?