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Lindsey's Lenses isna thriving independent photography business, which is set up as a S corporation. In 2020, Lindsey, who owns the business, needed some money
Lindsey's Lenses isna thriving independent photography business, which is set up as a S corporation. In 2020, Lindsey, who owns the business, needed some money to pay for an unexpected home repair. Lindsey could pull money out of the business using all of the business using all the following methods EXCEPT:
A. Being paid a reasonable salary
B. Taking a distribution from earnings
C. Taking a loan from the company
D. Transferring money between the business bank account and personal bank account
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