Dear All,
Let me know can we use company's capital in exp made for business.Its a pvt ltd company.
Dear All,
Let me know can we use company's capital in exp made for business.Its a pvt ltd company.
offcourse, capital is for to met the expenditures of the company
NOT AGREED, BCOZ , CAPITAL OF PVT LTD CAN NOT BE FLUCTUATED EVERY YEARS MEETING OUT EXPENSES.,
Use assets (e.g. cash) for the expenses. Assets together forms capital.
ashish is right
CAclubindia
