Investment other than capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 November 2018
Suppose X and Y invest ₹10000 each as capital in a firm. They will also be investing ₹50000 but it needs to be treated as a loan. Is it possible to show amount invested other than capital in the company as liability of the firm which needs to be paid back to the partners or investors. If yes the how if no then why.
27 November 2018
is it a company or a firm? be clear as the accounting and the operating laws for both are different.
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