An investor invested in a start up how to do the accounting entry and under which head?
Menu
How to treat if an investor invest in a Pvt.Ltd.Co.
Replies (2)
Quick Summary
Check out what kind f investment it is. FVTPL.? Or investment interest as per business combinations in IndAS. Find out what does the investment hold in that start up eg. investment interest, associate, JV or subsidiary and treat accordingly.
Investors Investment in Star up company will be Income for the company and if Not going to return back . Then accounting entry will be as follows .
Bank A/c Dr
Promoters Investment A/c Cr
( Being amount received towards investment )
Note - Promoters Investment A/c will be under Indirect Income ( Other Income ) under Profit & Loss A/c
This is my opinion you may consult with others also .
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
