I am preparing books of an individual, that individual also has an investment(capital) in another partnership firm of 100,000 . how will this 100,000 be shown in books (tally) of the individual?
Kushagra Modi (Student) (28 Points)
03 May 2019I am preparing books of an individual, that individual also has an investment(capital) in another partnership firm of 100,000 . how will this 100,000 be shown in books (tally) of the individual?
Deepak Gupta
(CA Student)
(15922 Points)
Replied 03 May 2019
Investment in XYZ A/c Dr.
To Cash/Bank/Assets (as the case may be)
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