accounts

[joedachef]

I run a little business, sometimes I put money in when it's slow so we have enough to pay the rent etc
In my end of year accounts, where would I show this, in income or outgoings, would this also apply to a business loan, eg: I borrow 1200 it cost 165 so total £1365
how would I show this as income with the cost of the loan

[ULA]

I am not an accountant, however I do have some experience of dealing with accounts and I may be able to help. Do you use any accounting software to help with your accounts? How is your company set up are you a sole trader? Are you a director of the business?

If you are putting money into the business is it with a view of if being a loan which at some point you will repay back to yourself? Are you also applying any rate of interest on that repayment?