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

Answer Posted / 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       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the 4 phases accounting?

548


Explain me the difference between public and private accounting?

673


My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523

1665


What does the financial statement of the company include?

638


I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?

3040






Tell me do you think accounting standards are mandatory and why?

602


What qualification do you need to become an accounting professional?

624


What are the objects of cost accountancy?

671


Contrast bookkeeping and accounting

608


Do you use social media to identify prospects?

684


Explain me is any difference between inactive and dormant accounts?

623


what s account

1633


Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

1363


What accounts are to be debited and credited in this case o

1304


What is the basic accounting equation?

583