Recording ownership in an LLC partnership



I'm a partner in an LLC company and would like to track my ownership
interest in Money 2004.

It's not "real" obvious how I might go about this, particularly ...

What account type should be used?
How do I record my portion of the profits earned, for which I'm am
personally taxed?
How do I record the gain in ownership value these profits provided when I
haven't necessarily received them in cash?
How do I record a portion of these profits as received in cash when they
aren't dividends but distributions?

I'd prefer to use an investment oriented approach rather than an asset
account, but this scenario isn't one that's obviously accounted for in

Thoughts anyone??



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