Dear All,
Let me know can we use company's capital in exp made for business.Its a pvt ltd company.
Nisha Yadav (Accounts exe) (455 Points)
14 April 2012Dear All,
Let me know can we use company's capital in exp made for business.Its a pvt ltd company.
lucky bhatia
(-)
(37 Points)
Replied 15 April 2012
offcourse, capital is for to met the expenditures of the company
Brajesh gautam
(student)
(232 Points)
Replied 16 April 2012
NOT AGREED, BCOZ , CAPITAL OF PVT LTD CAN NOT BE FLUCTUATED EVERY YEARS MEETING OUT EXPENSES.,
ashish gupta
( student)
(1922 Points)
Replied 16 April 2012
Use assets (e.g. cash) for the expenses. Assets together forms capital.
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