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Nature of payment transaction
proprietor transfer payment to family members account, kon se head me Entry karenge
Replies (4)
Either loan to such members or to proprietor's capital account, depending upon its nature.
Agar loan form me hai to as Loans & advances, Agar gift hai to as a gift in capital account.
Also shown under drawings in capital account
Also shown under drawings in capital account
Thank you
@ Dhirajlal Rambhia
@ CA Rashmi Gandhi
@ Dhirajlal Rambhia
@ CA Rashmi Gandhi
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