Tally Entry- Owners capital & Profit


This query is : Resolved 

01 June 2022 Dear Respected memebrs,

Our company with paid-up capital is recently sold to new owner.
We gave the previous owner his entire capital back and paid a portion of the profit company earned.

Could you please tell us the entry in tally ?

06 June 2022 No entry will come in books of accounts. the transaction is between the buyer and seller of shares.


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