Apr
22
What do you call it in accounting when a shareholder loans the Corporation money?
Filed Under Corporations | 2 Comments
LTigerRay asked:
I own a company?, Being the sole shareholder. I loaned money to corporations?. What? This called into accounts? when I book? I know that a loan by the shareholder? when the company? the shareholder lends money. I think, possibly? equity or fairness', but I could be wrong. And everyone knows that the number of the register? data. I think that goes in the 3000 's. ? we accountants or accountants outside l? they can do some light on this?
BILLY
I own a company?, Being the sole shareholder. I loaned money to corporations?. What? This called into accounts? when I book? I know that a loan by the shareholder? when the company? the shareholder lends money. I think, possibly? equity or fairness', but I could be wrong. And everyone knows that the number of the register? data. I think that goes in the 3000 's. ? we accountants or accountants outside l? they can do some light on this?
BILLY