HOW TO MAKE BALANCE SHEET OF PROPRIETOR?
IF THERE ARE ANY OTHER INVESTMENT OF PROPRIETOR LIKE
FLAT,GOLD,SILVER THEN WHAT WILL BE THE CAPITAL OF PROPRITOR
IN HIS PERSONAL BALANCE SHEET? WILL THE CAPITAL OF HIS FIRM
WILL BE THE CAPITAL OF HIS PERSONAL BALANCE SHEET? FOR
EXAMPLE IN HIS FIRM CAPITAL A/C IS 39LAC.BUT IN HIS OTHER
INVESTENT(WHICH HAS NOT BEEN SHOWN IN HIS FIRM'S BALANCE
SHEET) HE HAS FLAT OF 310000, GOLD OF RS.15LAC AND SILVER
OF RS.3LAC THEN WHAT WOULD BE HIS PERSONAL BALANCE SHEET?
PLS ANSWER ME.
- 3 Answers
- 11459 Views
- Reliance, Vodafone, I also Faced
- E-Mail Answers
Answer Posted / manish kumar shah
the consolidated balance sheet of of the proprietor will be
made. no the capital of the firm will not be the capital of
the personal balance sheet the same will form part of
investment in the personal balance sheet. the total of
investment side will be 60.10 lacs in his personal balance
sheet . we will have to look to liabilities side differently
| Is This Answer Correct ? | 4 Yes | 5 No |
Post New Answer View All Answers
assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
WHAT IS FORM AND OTHER REQUIRMENT FOR FILE EXCISE RETRUN AND HOW WE FILE EXCISE RETURN ?
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
what is excise duty and how can we mantain its account in outgoing and incoming of bill status.
how i get h form
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A
what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it
We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds
WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?
how we calculate the tds on salary.
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
Please tell me the process of generation of TDS in Tally ERP-9 with an Example
Type of form use in sales Tax
