Overdrawn loan account
Wonder if somebody can help as I am tearing my hair out. I have a client with an overdrawn directors loan account to the tune of about £30k. I have done some reading up and it seems every transaction needs to be put in the notes in the accounts which makes the accounts look silly. My boss is saying there is no way it should be itemised. Is there any other way around this so I don't have to disclose every item or can I just put a summary of the loan account?