Menu
Reserve in sole proprietorship
treatment of reserve sole proprietorship
Replies (5)
I think reserves are created as per companies acts and treated definitely by AS standards
You can have a separate reserve but will sere no purpose in sole propreitorship since it will be effectively a part of his capital
It will be treated as a seperate reserve
Its entry??
Bank a/c
To. Capital a/c or reserve a/c
Recent Threads
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
Related Threads
CAclubindia
