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Proprietors current account

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(Querist)
05 January 2018 If Proprietors Current Account is appearing in assets side of balance sheet, is it a negative capital
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 January 2018 No it's not negative capital.
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Santosh H

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Santosh H (Querist)
05 January 2018 For Financial analysis like DE how do we account the same
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RAJA P M

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RAJA P M (Expert)
05 January 2018 As per my view., The proprietor withdraw the amount exceed the capital head. So, it's shown negative as asset side...
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 January 2018 Agreed with Mr. Raja it's negative capital.

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