Easy Office
LCI Learning

What is procedure to maintain Joint bank account

This query is : Resolved 

10 July 2023 I Have to maintain joint bank account of proprietorship firm , My question is that how to maintain receipt and payment and also Interest earning how to divide between joint bank account.

10 July 2023 Any bank account in the name of firm cannot be opened jointly. It can be operated by proprietor singularly. No interest credited in current account.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query