Capital account Proprietor

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629 Points Posted on 17 December 2021
Dear Sir

Proprietor transfer some amount from current account demat accounto purchase share so please suggest entry in book's
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On 17 December 2021 at 09:20 Report
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Quick Summary
This discussion addresses how to record a proprietor transferring funds from their current account to a demat account for share purchases. The suggested bookkeeping entry involves debiting the Demat Account and crediting the Bank (Current Account).

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Profession
28267 Points Posted on 18 December 2021
Pls explain
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On 18 December 2021 at 11:21
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629 Points Posted on 18 December 2021
Sir, Proprietor transfer some amount to open demat account for purchase some share so please suggest entry in book's
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On 18 December 2021 at 14:01
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CA
10436 Points Posted on 18 December 2021
Entry in books
Dmat A/c Dr
To Bank ( current acc)
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On 18 December 2021 at 21:56

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