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Debit balance of proprietor capital account

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 August 2011 i want to know how to present the debit balance of proprietor capital account. Is it good presentation to show capital account on the asset side of balance sheet or negative balance on the liabilities side.
thanks in advance
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
18 August 2011 Show negative balance in the liabilities side.

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