Hi Members !
Plz help me in this
1. is it necessary to keep 1,00000 In bank (paid up capital)For Pvt Ltd company registration ?
If not What is the accounting Entry?
Regards
Ranjini.
Ganeshbabu K
(Audit and Tax Advisory)
(48559 Points)
Replied 21 October 2013
with out taking cash to company bank account how can you allot shares..
.
.
mandatory to put cash in your bank account before allottment of shares,
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