piatkow - 3:05 pm on Jan 20, 2013 (gmt 0)
I seem to recall that Google pays out all account balances at the end of the year even if they are below $100
I think you are mistaken.
Back to the OP, IanCP's advice is good but be clear about the exact circumstances.
1. Both accounts in the name of John Smith
2. One account ino John Smith and one in joint names of John Smith and Jim Joness
3. One account ino John Smith and one in name of a limited liability company of which John Smith is a director?
Imprecise use of terminology (eg calling something not an LLC a "company") could lead to you loosing an account because G understood it to be something different to what you were doing.