can i adjust company cash account amount to capital account
2 Replies
CA Amrita Chattopadhyay
(Audit & Assurance)
(13459 Points)
Replied 16 May 2017
Capital is shown under the Shareholder's fund and considered as liability where as cash is current asset. Both of them cannot be adjusted.
Recent Topics
- Eport of goods
- STAMP DUTY ON TRANSFER
- Advice on Investment of Retirement Corpus
- Nature of business activities under GST registrati
- Tally Vouchers Entry for Commission based services
- Regarding transfer of stock
- CBIC ALLOWED ITC Available in Demo Car
- Final Course - Tricks to Pass
- Can we issue GST debit note in case mother invoice
- ITR-U for declaring foreign assets under schedule-
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert04 February 2025
CAclubindia
