Becky_simon
Well-Known Member
Hi there
I am hoping someone can shed some light! If I had a loan to get my business up and running, but my business wasn't paying it off do I (my business) have to record this?
Basically My husband wanted to help me out so he paid my monthly fees due for my loan and then when he had the chance he paid the whole lot off.
How do I record this on my accounts? Surely it changes things as I wouldn't have to record anything as it wasn't my money paying for it?
Help please
I am hoping someone can shed some light! If I had a loan to get my business up and running, but my business wasn't paying it off do I (my business) have to record this?
Basically My husband wanted to help me out so he paid my monthly fees due for my loan and then when he had the chance he paid the whole lot off.
How do I record this on my accounts? Surely it changes things as I wouldn't have to record anything as it wasn't my money paying for it?
Help please