Accountancy, asked by duggireddyanupriya, 5 months ago

started business with capital​

Answers

Answered by pds39937
10

Explanation:

It is a Declaration to be issued by the directors within 180 days of incorporation of company stating that the subscribers to the Memorandum of the company has paid the value of shares so agreed by them, along with a verification of registered office address of the company.

Example

Cash a/c Debit 1,00,000

To Capital a/c Credit 1,00,000

Answered by tanyadhyanishayrigir
0

Explanation:

cash A/C dr.

to Capital

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