Help
Lynn
Registered Posts: 5 Regular contributor ⭐ 😼 ⭐
Hi
Can anyone help. If a Director injects money into a business and then decides to take the money out. How would this be shown on the accounts?
Lynn
Can anyone help. If a Director injects money into a business and then decides to take the money out. How would this be shown on the accounts?
Lynn
0
Comments
-
Hi
Can anyone help. If a Director injects money into a business and then decides to take the money out. How would this be shown on the accounts?
Lynn
Initial injection of cash is DR Bank and CR Directors Loan Account, then when he takes it out it's DR Directors Loan Account and CR Bank.0
