I have been going round and round in circles. I have tried everything on the help questions, I have done it on paper and still can not get this right .
Director loaned the company 10000 as start up costs
have expenses come out of the bank account which is 0 at the moment of 6963.09 so assuming some of the loan went to the bank.
then the director has paid for stuff out of his visa and cash flow account and wants to take it off the directors loan of 1637.22 and off the P&L as expenses
would expect to see loan reduced .
I always end up with unbalanced transactions
I did try and credit loan debit bank by the 6963.09
then take the 6963.09 out of the bank against expenses
then I got stuck debiting the expenses and the loan.