Balance sheet
This query is : Resolved
vickey joshi
(Querist)
26 August 2013
Treatment of losses in Sch. VI new balance sheet format
Dintakurthi Tirumala
(Expert)
26 August 2013
Is you asking about loss and P&L a/c. Such loss shall be disclose under the liabilities side at Reserves and Surpluses with negative symbol I.e with in brackets and deduct from other balances from the same head.
Even though you have net negative balance from such head you have to disclose it at liabilities side with negative symbol.
OM SAI SRI SAI JAI JAI SAI
Even though you have net negative balance from such head you have to disclose it at liabilities side with negative symbol.
OM SAI SRI SAI JAI JAI SAI
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