Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 16 February 2017
If already declared in capital account, no need in BS.
Vishal
( CA student)
(394 Points)
Replied 16 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 17 February 2017
Because you cannot live without expending anything. If an individual has not withdrawn any capital for personal expenditure (from Personal BS/CA), implies some other source of undisclosed income!!!
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"