30 November 2022
JV passed for Remuneartion paid . Bnak entry passed against Remuneration Payable. Then How to Show Total Year Remuneration amount in Capital Account Credit Side. 1] Remuneration Paid A/c--------------------------------------------------Dr To Remuneration Payable 2] Remuneration Payable A/c ---------------------------------------------Dr To Bank Then at the end how to show in Capital A/c Credit side. Because bank paid against payable.
11 December 2022
Is is proprietorship or partnership?
As its already paid and out of your business bank account to your personal account then you can bring back by transferring it to your business account and then credit the capital.
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