Hi,

Question

Please would it be possible to advise me on this problem?

Should asset purchases be included as expenses if they are paid form personnal savings and not a business acount? I need to know if I should include them on a summary of a businesses income and expenses.

Many thanks for any help

or is this an initial investment of his own money and should not be included in the business accounts?

Answer 1

How does information from financial reports influence business decisions?