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Quasi capital
Respected all,
what is quasi capital ? How it works to help us for the sanction of bank loan
Replies (3)
Funds, other than paid-up capital and retained earnings, employed in a business and which will remain in a business as permanent capital is called as quasi- capital. Eg. Convertible bond, interest free loan from relatives/friends.
To ascertain the networth and for the purpose of ratio analysis. It help to increase the networth.
In calculation of Networth ,can Quasi Capital included in Capital
Deepesh Sir, what are the accountin/journal entries that should pass into account for Quasi Capital?
please guide.
please guide.
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