In a sole properietorship firm, how much cash can be shown as capital contribution by owner in firm
2 Replies
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 26 April 2020
If it sole proprietorship, the whole amount of cash less liabilities belongs to him.
sabyasachi mukherjee
(27579 Points)
Replied 26 April 2020
Capital brought in by the owner is introduced by the owner less all liabilities .
Recent Topics
- CGST/SGST Input tax Classification in Tally Prime
- PREFERENCE SHARES - NBFC
- Vivad se vishwas scheme 2024
- List of banks for tax payments available at e-Pay
- Excess itc claimed then intrest applicable even if
- Financing for Properties and Businesses
- TAX DEMAND STILL SHOWING ON INCOME TAX PORTAL, EVE
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
Related Threads
CAclubindia
