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Transfer of capital from one firm to another firm

This query is : Resolved 
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(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!!!
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
01 April 2015 no not possible to do so....waht is problem in use banking channels.
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