capital Introduction

In Chapter 2 Framework For Preparation and Presentation of Financial Statements . Illustration 2 . At the time of introduction of capital Asset increased , but Liability not increased . Why is it so . At the time of capital introduction, Asset ( Cash / Bank ) and Liability ( Capital ) will increases is it so ? Video Details ------------- P1 - Advanced Accounting - Without AS Framework for Preparation and Presentation of Financial Statements #11. Illustration 2

Rithwik pookkot

CA Inter

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04-Feb-24 19:37

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