Why maintained separately current and Fixed capital in LLP/partnership firm
why maintained separately current and fixed capital in partnership firm /LLP.
what is its benefit. please reply
What is capital contribution in Case of LLP/ partnership firm
what is capital contribution in case of LLP/partnership firm,Please reply
In the case of individual books how to maintain books when partner in LLP/partnership firm
what will be the treatment in the case of individual books
when only single single ledger is maintained , then no issue but
when Fixed or current capital maintained,
the how to make adjustment of profit /Loss or other transaction,
Adjustment with Fixed or current Capital in LLP/partnership firm
whether loss /profit is adjusted with current capital or fixed capital,
in the case of LLP
Treatment of Loss /profit in the case of individuals
what will be the treatment of loss / profit in the case of an individual.
Accounting treatment of loss / profit in the case of Pvt. Ltd
what is treatment of Loss /profit in the case of company.
How to make treatment.
Revenue and capital expenses of interest
in which condition interest treated as revenue and capital expenses.
Bank Balance of Debit and Credit
In which condition bank balance may be debit balance.
PROPERTY SOLD IN THE JOINT NAME
DEAR SIR,
ONE OF MY CLIENT RECEIVED AMOUNT OF PROPERTY SOLD OF HIS HUSBAND FATHER OWNED PROPERTY (1938). AFTER DEATH OF HER FATHER IN LAW THE PROPERTY KHATHA ENDORSED MADE IN THE YEAR OF 4.12.2012.
THE URBAN DEVELOPMENT AUTHORITY HAS ISSUED TITLE DEED/SALE DEED IN FAVOUR OF HIS CHILDERN MY CLIENT HUSBAND DIED MY CLIENT IS SUCCESSOR OF THE HER HUSBAND SHARE HER NAME INCLUDED IN THE TITLE DEED IN THE YEAR OF 2019.
AFTER DEATH OF MY CLIENT HUSBAND BROTHERS THE TITLE DEED MADE IN THE NAMES OF WIFES IN THE YEAR 7.8.2023
THE PROPERTY SOLD OF 1.40 CRORE MY CLIENT RECEIVED HER SHARE OF RS 35 LAKHS.(25%)
HOW TO DETERMINE THE DATE OF ACQUISITION AND DATE OF TRANSFER OF THE PROPERTY
HOW TO CALCULATE THE CAPITAL GAIN.
PLEASE GUIDE ME
REGARDS
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Why opening balance is matched while finalisation of balance sheet.