What do you call it in accounting when a shareholder loans the Corporation money?
Written by Sam on July 25th, 2008
LTigerRay asked: I own a Corporation, being the sole shareholder. I have loaned the Corporation money. What is this called in accounting when I do the books? I know a shareholder loan is when the Corporation loans money to the shareholder. I think, possibly it is capital or equity, but I [...]