Paying Expenses from Non-business Account

[phoenix]

After people's help for book-keeping for a friend's business.
It's just a sole trader business; he has a separate business account but also sometime uses cash, or credit card which is linked to a non-business account that his everyday personal transactions also go through.
What is the best way to account for this in MYOB? His old book-keeper has sent up a Loan account that was credited every time he purchased business related items/services but not with funds from his business account. She then also debited this account each time he took money out of the business for personal use. Is this the best way, or is it better to do through owner's equity/owners drawings accounts?

[chrischris626]

If it is a sole trader it usually goes through drawings accounts (owner's equity), if the bookkeeper used a loan account it is still ok – the main that the bookkeeper distinguished personal use from business use. For accountants its not a big difference loan or drawings as far as they know that is personal use account to input in their accounting system.