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system
paying myself a distribution caused a negative owner's equity account balance? is this normal?
user
it's not abnormal for a company that is as young as yours seems to be. it seems (based on what little i know), that you have debts, or accounts payable that were formerly covered by the $200 cash, but now aren't, because you paid it to yourself. for now, you're "entitled" to pay yourself a draw or a salary. but if you continue to do so without earning money to cover it, your company will fail.
assistant