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This is directors loaning money to the business, we have...

This is directors loaning money to the business, we have two directors so I'll set up two accounts. I'm guessing these accounts can have positive and negative balances?
The term of the loan is unknown, possibly over 12 months, would this be Account Type; non-current liabilities. Detail Type; Share Holder Notes Payable and Name; [Director name] Directors Loan Account?
Thanks.