USA Classifying Owner Contributions

[adt2]

When I purchase goods or services for my small business using a personal account - i.e. my personal checking account or a credit card in my name - instead of using a company checking account or a company credit card, how are those purchases categorized? Are they considered equity? A liability, like a loan?

Thanks in advance for your help.

 

[ashakantaxharma]

Capital Account needs to be increased by the amount of goods and services purchased. Or Business can also create a Vendor Code and make the payment as liability.