Director's Loan

Posted by Rehan1 PM | on Fri, 23/09/2011 - 17:53 1466 6 comments | report

Please could some one advise on the following issue, if they have come across it before.

How would you treat, in the Company accounts If the loan was due to directors

and they decided to writte off .

Bearing in mind its a large balance .

Should it be shown as other income ?

Comments

There are 6 comments. Login or register to view them.

glynisbm | Mon, 26/09/2011 - 13:16

carnmores | Mon, 26/09/2011 - 13:23

Rehan1 | Mon, 26/09/2011 - 13:37

carnmores | Mon, 26/09/2011 - 14:14

blok | Mon, 26/09/2011 - 17:25

Rehan1 | Tue, 27/09/2011 - 17:21