acoounts

suppose a person propritor started a business before 3 year. his annual turnover is 10 lakh.not maintain any type of accounts.not file income tax return.now he started maintain account.so tell me wht capital show in account of book.
Replies (1)

capital invested at starting like cash deposited at bank or any other cash invested in business or any assets bought @ the time of formation of business 

 

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