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I have just sold my company, and the accounts to the date of acquisition are now being finalised.
The main problem I have at the moment is that there is a balance on the directors' loan accounts. What happens to these balances in the final Accounts? Are they removed by book entry?
Any help greatly appreciated
The main problem I have at the moment is that there is a balance on the directors' loan accounts. What happens to these balances in the final Accounts? Are they removed by book entry?
Any help greatly appreciated