Transfer of capital from one firm to another firm
This query is : Resolved
Sushil Sharma
(Querist)
01 April 2015
Helo Friends,
My one client is partner in different firms he wants to transfer his capital from one firm to another firm without banking transaction. The entry through journal voucher can be treated as a valid entry according to accounting standard or not.
Please give your valuable comments!!!
My one client is partner in different firms he wants to transfer his capital from one firm to another firm without banking transaction. The entry through journal voucher can be treated as a valid entry according to accounting standard or not.
Please give your valuable comments!!!
01 April 2015
no not possible to do so....waht is problem in use banking channels.
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