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Query for balncesheet

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(Querist)
20 January 2016 what is meaning of excess of expenditure over the income. and how to balancesheet tally in easily
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
21 January 2016 It means company expenses is more than income. Deficit, same can be adjusted from reserve / capital in balance sheet from reducing extent of deficit.

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