05 May 2014
Dear Sir, one is my client have consulting services starting from 1 jan 2013 and now he converted that company into Private limitted..and closed first co. so sir what is accounting entry can i made i mean i need to start new company from 1 jan 2014 ..and sir can i take previous co. closing amount in this co. as a opening,
Guest
Guest
(Expert)
12 May 2014
no you cant do that... settle the amount of old company first
then start frm the new company
Querist :
Anonymous
Querist :
Anonymous
(Querist)
26 July 2014
thanks sir, ..............................................................