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BALANCE SHEET WITH CAPITAL A/C "ZERO"

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(Querist)
22 March 2008 In what situations, a Balance Sheet may have Capital Account " Zero ".

Please assume it only in the case of unregistered individual concerns.....
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pushpendra

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pushpendra (Expert)
22 March 2008 if he spend all the capital in revenue Exp. then the capital account will be zero
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CA Pattanayak

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CA Pattanayak (Expert)
25 March 2008 In case where all the funds are provided by outsiders like Bankers, Pvt financiers, relatives that time Capital will be zero.
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