On the balance sheet, the $8K invested in a new venture would typically be recorded as an asset under "Investment in [Name of the New Venture]." Since it's an outlay for future benefits, it's categorized as an investment. I'm not super versed in S corp specifics, but a friend who runs a
Denver Airport to Copper Mountain transport service as an S corp mentioned that initial investments like these are tracked meticulously for their impact on shareholder basis and tax implications.