For a limited company that is e.g. a shop, can you pay back the director's loan with cash straight out of the till (i.e. without it going through the business bank account?)
from an accounting perspective, yes, the entries would be similar. However, it is not a very good idea. It is much better to have a solid record of when/how these were paid back and a check showing the re-payment of the loan is a better way to do it.
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