No, "they" is always the bank (or whatever business manages the account). By "they deposit into it", I meant the bank adds funds to your account. It doesn't ma

No, "they" is always the bank (or whatever business manages the account). By "they deposit into it", I meant the bank adds funds to your account. It doesn't matter whether you are a business owner; your bank account is still an asset to you and a liability to the bank. Personal & business accounting are the same, except your only investor is yourself, so you don't have to manage capital accounts.