What you need to do to account for this equipment is to add it as an asset to your accounting books in 2016 and include the cost as additional capital that you gave to the company. Then you claim a depreciation expense every year for this equipment (based on it's useful live) and the date it was put into use. Here is a link to some basic accounting principles that might help: <a rel="nofollow" target="_blank" href="
http://www.accountingcoach.com/accounting-basics/explanation/6">http://www.accountingcoach.com/accou...>
