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Cash

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 October 2011 what should be the opening balance of cash for a newly Incorporated pvt ltd company
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
03 October 2011 If it is a newly incorporated company, there will not be any opeing balance in any account.

Are you asking the amount of cash to be brought into the business?
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
03 October 2011 well, siddharth is right,

there will not be any cash balance
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