Personal accounts
gaddala ramesh (163 Points)
15 May 2023
amount transfer from savings account to savings account is capital expenditure or ban
gaddala ramesh (163 Points)
15 May 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 15 May 2023
If both are your accounts, there is no expenditure.
It is contra entry...
Yasaswi Gomes new
(Finance )
(4479 Points)
Replied 15 May 2023
Personal accounts are not important but company accounts are. You can have multple acxounts and do transactions. Business accounts needs to do reporting.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
CAclubindia
