Debit balance of proprietor capital account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2011
i want to know how to present the debit balance of proprietor capital account. Is it good presentation to show capital account on the asset side of balance sheet or negative balance on the liabilities side.
thanks in advance
thanks in advance
18 August 2011
Show negative balance in the liabilities side.
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