Ours is a Pvt Ltd Company.
We have heads in Current Liabilities for Directors given loan.
How and in what account the repayment should be done?
Ours is a Pvt Ltd Company.
We have heads in Current Liabilities for Directors given loan.
How and in what account the repayment should be done?
Debit Bank account and credit Director loan account, Since the director is return the loan payment to the company
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
