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  • Opening Balance 2,000,000 2,000,000 Add:Capital Contribution - Less: Drawings - Closing Balance

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    AAKASH JHA
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    This document contains schedules of the capital accounts and current accounts of two partners, Puja Sharma and Puneet Sharma, in their retail venture partnership, Krescent Retail Ventures LLP as of March 31, 2018. It shows that each partner had a capital account balance of Rs. 2,000,000 and together they had a total capital account of Rs. 4,000,000. It also displays their current account balances, starting balances, additions from profit of Rs. 2,681,192, drawings, and closing balances as of March 31, 2018.

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    tax planning

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    Krv Llp Dist

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    This document contains schedules of the capital accounts and current accounts of two partners, Puja Sharma and Puneet Sharma, in their retail venture partnership, Krescent Retail Ventures LLP as of March 31, 2018. It shows that each partner had a capital account balance of Rs. 2,000,000 and together they had a total capital account of Rs. 4,000,000. It also displays their current account balances, starting balances, additions from profit of Rs. 2,681,192, drawings, and closing balances as of March 31, 2018.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    2 views1 page

    Opening Balance 2,000,000 2,000,000 Add:Capital Contribution - Less: Drawings - Closing Balance

    Uploaded by

    AAKASH JHA
    This document contains schedules of the capital accounts and current accounts of two partners, Puja Sharma and Puneet Sharma, in their retail venture partnership, Krescent Retail Ventures LLP as of March 31, 2018. It shows that each partner had a capital account balance of Rs. 2,000,000 and together they had a total capital account of Rs. 4,000,000. It also displays their current account balances, starting balances, additions from profit of Rs. 2,681,192, drawings, and closing balances as of March 31, 2018.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    KRESCENT RETAIL VENTURES LLP

    Schedule 1 : Partners Capital Accounts 31-Mar-2018 Amount Rs


    Particulars Puja Sharma Puneet Sharma Total
    Opening Balance 2,000,000 2,000,000 4,000,000
    Add:Capital Contribution - - -
    Less: Drawings - - -
    Closing Balance 2,000,000 2,000,000 4,000,000

    Schedule 1 : Partners Current account 31-Mar-2018 Amount Rs


    Particulars Puja Sharma Puneet Sharma Total
    Opening Balance 5,601,110 222,368 5,823,478
    Add: Additions - - -
    Add: Salary - - -
    Add: Profit 1,340,596 1,340,596 2,681,192
    Less: Drawings 789,429 650,000 1,439,429
    Closing Balance 6,152,277 912,964 7,065,241

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