Capital account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 August 2018
I am a sole proprieotr.... my capital in the balance sheet is Rs 2,00,000/- i have an oustatnding housing loan of Rs 1,60,00,000/- my main issue is my bank wants the capital to be more bcz i have a CC account with the bank. how to show increase in capital for the year?? plz help
09 August 2018
housing loan is not required to be shown in business capital account.
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 August 2018
if balance sheet for personal & business is the same??
09 August 2018
it should not be same. that is what my point is.
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