I am making accounts of a proprietorship concern and they want to show investment in capital in cash. Can I show that the proprietor has introduced funds in cash from his personal account?
Menu
Increase in capital in proprietorship
Replies (5)
Yes. You can show, but make sure corresponding entries of cash brought in business are made in the personal books of the Proprietor.
Regards,
Devendra Kulkarni
Introduction of capital can be done in cash by proprietor/partner.
there is no provision to brought capital in cash only in case of proprietor / partner
| Originally posted by : CA JIGNESH | ||
 |
there is no provision to brought capital in cash only in case of proprietor / partner |
 |
Dear Sir,.
What would be the entry for the same?
hii sir,
i wnat format of CA certificate for capital introduation by proprietor for new project for loan margine money.
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
