I am working in a company. when i was join there is no proper accounting. One year before the company was registered as a WLL Co.My question , when i prepare the accounts i put the capital and yearly ended profit adding to the capital account.Now as a Limited co. this was ok? or changing  a fixed amt as capital only?My company not maintaining any reserve . can you help me as detailed?

Lekhasajeev Sajeev's image
Lekhasajeev Sajeev
Feb. 12, 2019, 3:10 p.m.