DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

Directors Loan Account as Asset/Liability or Bank Account


#21

Very true. I was only addressing @ProDev’s question on how to offset an expense claim to a capital account, not whether that was the correct thing to do. Of course, depending on location and form of organization, the term shareholder can mean different things to different people.


#22

No, It’s nothing like that. I’ll try follow the guide suggested by Tut.


#23

Then why answer the question at all if your answer isn’t going to be the correct thing to do.
Users don’t come to this forum just to be told a story that suits you.
I find your admission, answering a question regardless of its correctness, somewhat staggering.