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Balance of capital reduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2014 kindly explain the treatment for transferring capital reduction account closing debit balance and credit balance.
answer illustrated with a journal entry would be helpful. thank you
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Rupesh Jain

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Rupesh Jain (Expert)
06 August 2014 what type of your concern proprietorship/partnership/ pvt ltd company. and explain the capital reduction a.c
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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2014 pvt ltd. kindly reply in relation to accounting in case of internal reconstruction of companies
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