In regards to your post.
I am in partnership, and if I want to reimburse myself. You have mentioned “If you are an owner/partner/shareholder, however, it would be more usual to use a journal entry to clear the liability. Debit Expense claims and credit your Capital account or Owner’s equity.”
I am a bit confused about this step, say I purchased something worth 10k out of my own pocket. Then I make a sale that is 10k, now my business bank account has 10k. After I transfer 10k to my personal account as reimbursement. My business has 0 balance. If I do the journal to credit owner’s equity account, it will not reflect the 10k transfer correctly.