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



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

Private purchases amounting to rs 5000 have been debited to purchases account

0 Answers  


Mr. S wants to set bank reconciliation start date, from where will he activate the same Answer A. Ledger creation B. Accounting feature C. Configuration window D. Display

2 Answers  


what is ment by suspence account and dummy account

0 Answers  


what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?

3 Answers   Bank Of America,


What is Time capital

0 Answers  






What is trial balance? What does an accurate trial balance suggest?

0 Answers  


what is general accounting?

3 Answers   Cap Gemini, First American Corporation,


what is cenvat

2 Answers  


i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???

0 Answers   SSC,


define journal in one word

12 Answers   Accenture,


What is the abbreviation for the accounting terms debit and credit?

0 Answers  


dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

0 Answers  


Categories