a person was working under sole proprietorship. however now he incorporate a private limited and transferred his business there. can he transfer debtors / creditors to the private limited by passing a journal entry in the name of private limited?
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Transfer debtors & creditors from sole proprietors to private limited
Replies (3)
There are specific procedures for it..
please can you elaborate or share me an article from where I can get an idea of such procedure.
Not an article . inbox your mail id sharing your mail id or number. we can discuss.
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