Respected Everyone ,
can you tell me that what is the nature of CAPITAL RESERVE A/C ....Whether it is nominal,real or personal?
Thank you
1 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 06 March 2013
please note that all the accuonts appearing in teh balance sheet are either real or personal accounts. Nominal accuonts appear only in P&L.
Capital Reserve is a Real Account.
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
Related Threads
CAclubindia
