Quasi capital
sandeep kumar vinnakota (article student) (39 Points)
28 June 2014
Respected all,
what is quasi capital ? How it works to help us for the sanction of bank loan
3 Replies
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 29 June 2014
Funds, other than paid-up capital and retained earnings, employed in a business and which will remain in a business as permanent capital is called as quasi- capital. Eg. Convertible bond, interest free loan from relatives/friends.
To ascertain the networth and for the purpose of ratio analysis. It help to increase the networth.
Naresh Kumar Agrawal
(proprietor)
(22 Points)
Replied 03 February 2021
In calculation of Networth ,can Quasi Capital included in Capital
Pradeep Kumar Sarangi
(Account Executive)
(121 Points)
Replied 21 April 2024
Deepesh Sir, what are the accountin/journal entries that should pass into account for Quasi Capital?
please guide.
please guide.
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