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    Jeanne Arcand's Avatar
    Jeanne Arcand Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Feb 25, 2008, 01:08 PM
    Shareholders loans
    How exactly do they work?

    If he takes a withdrawal out of ltd. Company- do I cr bank and dr share holders loan?

    If he transfers funds from his personal account to business- do I dr bank and cr share holders loan?

    Thanks!

    Jeanne
    MaggieMouse's Avatar
    MaggieMouse Posts: 226, Reputation: 8
    Full Member
    		  
    #2

    Feb 26, 2008, 11:19 AM
    You can use Owner's Loan or Owner's transfer, and Cash for the opposite side.
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