banner_ad

ABOUT DATE OF STARTING

1232 views 2 replies

RESPECTED ALL,

WE HAVE STARTED OUR PARTNERSHIP FIRM FROM 25-04-2007 BUT SECURITY AMOUNT (45,000/-) OF RENT IS PAID BY PARTNER BROTHER FROM HIS PERSONAL ACCOUNT ON BEHALF OF FIRM IN DATED 22-03-07 & ON 9-04-07 IN TWO INSTALLMENTS.

NOW I WANT TO KNOW THAT HOW CAN I SHOW ENTRY IN BOOKS AND IN WHICH DATE BCOZ FIRM IS STARTED IN 25-04-2007.

ANYBODY TELL ME URGENTLY

THANKS

GAURAV KUMAR

Replies (2)
YOU CAN PASS ENTRY ON 25-04-2007 IN FIRM BOOKS CREDIT PARTNER CAPITAL ACCOUNT AND DEBIT SECURITY DEPOSIT ACCOUNT AS THE FIRM CAME IN EXISTANCE ON 25.4.07 AND IN PARTNER RETURN YOU CAN DEBIT AS ADVANCE FOR NEW FIRM A/C AND ON 25.4.07 YOU CAN DEBIT THE INVESTMENT IN NEW FIRM.
HELLO RUDRA DATT, I HVE READ UR OPINION BUT I WOULD LIKE TO CLARIFY THAT WE HAVE GOT OUR TIN NO. ON DATED 6-6-07 IT MEANS OUR TAX LIABILITY RAISED FROM 6-6-07 AND SECURITY AMOUNT IS PAID BY PARTNER BROTHER FROM HIS PERSONAL ACCOUNT SO, PLZ CLARIFY THE ENTRIES


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details