Menu
Capital meaning in propreitorship firm
When i prepare balance sheet and profit and loss account that time.
I could not understand the capital of propreitor how much should i write
Exp with details
Replies (1)
If you are preparing balance sheet for first time than your capital should be your all fixed assets, Cash balance, Bank Balance you brought to your business and profit for the year.
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
