- Original Poster
- #1
Hi,
I own a fairly small business, and I am just now filling out the abbreviated accounts I have.
Now my question is, I made a profit of about £2400 in 2008, and paid myself dividends of £2000 that year.
However on my balance sheet there is nowhere to put the £2000 dividends to balance it. Where do I put it? Shall I put profit and loss as £400? Otherwise my cash in hand just doesn't match up.
Thanks,
Peter
I own a fairly small business, and I am just now filling out the abbreviated accounts I have.
Now my question is, I made a profit of about £2400 in 2008, and paid myself dividends of £2000 that year.
However on my balance sheet there is nowhere to put the £2000 dividends to balance it. Where do I put it? Shall I put profit and loss as £400? Otherwise my cash in hand just doesn't match up.
Thanks,
Peter
