25 January 2016
Hello Sir/Madam, Please help me to solve my problem.I am going to do accounting for Directors personal accounts so please let me know wchich items are to be included in that ledger (i.e.type of expense etc). It is a new Private Ltd Comapy and i have to start accounting but i want to get an idea for begining. Please help me.Looking forward for reply. Thanks in advance.
25 January 2016
Whatever expenses that have been incurred by the Director on behalf of company can find place in Director's ledger. The exceptional situation may be.....spending money for some illegal purposes, underhand dealings etc. Be careful in recording the same.