gift received in cash
This query is : Resolved
23 November 2010
Gift received in cash in which heads it's come in balance heet???
23 November 2010
in the balance sheet cash received under any head will be shown in the cash account
in the balance sheet cash received under any head will be shown in the cash account
23 November 2010
Gift received in Cash Entry:
Cash A/c Dr....
To Capital A/c
(Being Gift received in Cash)
Cash A/c Dr....
To Capital A/c
(Being Gift received in Cash)
Message likes :
1 times
23 November 2010
right guptaji
25 November 2010
what impact on Financial Statement???
have to increase the Cash...and have to increase the capital also...
have to increase the Cash...and have to increase the capital also...
25 November 2010
Yes as a result both cash and capital will increase.
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