CMA || How to Enter Details in the Balance Sheet - Details of Share Capital Section
In a partnership firm, when attempting to view the details in the Balance Sheet - Share Capital section, they may not be immediately visible. To ensure accurate representation, follow these steps to input the necessary details:
- Access the "TRANSACTIONS" menu and select "Additional Information".
- Click on "Add Partner" to include the relevant partner details.
- Fill out all required fields, including the Partner's Name and their Share of Profit (ensuring the total percentage equals 100%), then proceed to Save.
- Upon saving the Additional Information page, return to the Balance Sheet - Share Capital section.
- The complete and accurate details should now be properly displayed in this section.
Hope this proves helpful.