dear Friends,
can a proprietor take or give money other than cheque ( ie.cash )
from his personal account books.
{ is it legal to provide cash to his Proprietorship Firm }
reena jain
reena jain (CA ) (247 Points)
16 November 2009dear Friends,
can a proprietor take or give money other than cheque ( ie.cash )
from his personal account books.
{ is it legal to provide cash to his Proprietorship Firm }
reena jain
reena jain
(CA )
(247 Points)
Replied 18 November 2009
hi,
kindly let me know about the legal way to manage above problem.
thanks
reena jain
N.J.R
(Practice)
(346 Points)
Replied 20 November 2009
Yes
Prop. can introduce capital in cash just like he can withdraw in cash for personal use.