what is the difference between directors capital and current a/c

Question Posted / s venkatesh

1 Answers
2818 Views
I also Faced
E-Mail Answers

what is the difference between directors capital and current a/c..

Answer / rajesh

Director's capital is Liability to company. company have a liability to pay this amount back to dirctor as they invested this amount in starting to set up the business.
long term

Current is for day to day requirment to continue the business
short term

Is This Answer Correct ?

3 Yes

1 No

Post New Answer

More Accounting General Interview Questions

which report give the data of GL with materials details in sap?

0 Answers

difference between Reserve capital and capital reserve

6 Answers Capital IQ, VPT,

please explain all accounting concepts n conventions in detail

0 Answers DA Vision,

Provident Fund a/c will comes under which account Personal, Real or Nominal A/c

1 Answers Cargill,

I Want to Submit My Income tax return by efilling Personally,Can it possible. if yes please send me your help to submit the same.I Can calculate my computation of income.

1 Answers

What are the differences between debit and credit?

3 Answers

Why don,t show the Closing stock in Trial Balance.

2 Answers

audit under section and penalty under saction scurtiny under saction

0 Answers

Accounting golden rules?

3 Answers ACS,

what is book building

0 Answers Capital IQ,

Purpose for maintained RG 23a Part II & RG 23c PArt II? give brief discussion....

2 Answers TCS,

how to deduct tds on pension with examples

4 Answers Chartered Accountant,

For more Accounting General Interview Questions Click Here