capital
Ankit kumar (Student) (1691 Points)
19 November 2008
can capital of a ongoing firm be negative and in what cases?
4 Replies
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 19 November 2008
1. Where in a proprietory firm, drawings is more then capital.
2. Where is foreign countries, social capital is on the debit(Assets) side
3. Where in the national capital fund budget advocate government deficit spending
**DM
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 20 November 2008
| Originally posted by :Ankit kumar | ||
| " | can u explain socail capital | " |
Its a type of reserve,
reserve for the society, for which company should provide in each financial year.
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