Undocumented Borrowed Money Audit

Summary

When dealing with a private entity audit issue involving undocumented borrowed money, review any available agreements or communications related to the borrowed money. It is advisable to consult with a legal professional for advice on responding to the audit notice. Additionally, maintain documentation of all financial transactions moving forward to avoid similar issues in the future.

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It sounds like you're dealing with a private entity audit issue involving undocumented borrowed money. Here are a few general guidelines:
- Review any available agreements or communications related to the borrowed money.
- Consider consulting with a legal professional for advice on responding to the audit notice.
- Maintain documentation of all financial transactions moving forward.
If you have specific questions or need further assistance, feel free to ask!