banner_ad

Some amount taken from proprietor

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 October 2017 Hi,

we have taken some amount from proprietor , what will entry be in tally, please let me know with under group. we have got a entry unsecured loan in balance sheet ,
for example : raheem is proprietor in a firm and we taken from him 200000.00 rupees, please support me in entry in tally

awaiting for reply

Mohd nasruddin
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
13 October 2017 Amount withdrawn by proprietor, it will be adjusted through capital account
Profile Image

Mohd Nasruddin

Profile Image

Mohd Nasruddin (Querist)
13 October 2017 thank for follow up me , let me know, do i show to proprietor's unsecure loan in the balance sheet
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
13 October 2017 No not required because it will be adjusted with capital account
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
13 October 2017 And how can a person can give loan to himself because proprietorship & individual is treated as same
Profile Image

Mohd Nasruddin

Profile Image

Mohd Nasruddin (Querist)
17 October 2017 OKEY, THAT IS CONFIRM
Profile Image

Ashiwini Ballodia

Profile Image

Ashiwini Ballodia (Expert)
17 October 2017 Yes, it is confirm. Show only one ledger
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details