How do I declare this?

VGroupLtd

Free Member
Sep 14, 2017
4
0
Hi all,

I've just got a quick question, my business has been registered as a limited company and I used personal funds to purchase stock before the incorporation. How would I go about putting this into my accounts? Would it be a cash injection or would it be better to put it as a loan so when taking the money back out of the business I can keep more?

I appreciate any help and apologise if I haven't really given enough information and will provide it if needed.
 

Latest Articles

Join UK Business Forums for free business advice