02 April 2013
I need to prepare balance sheet & cost sheet of a manufacturing co. can anyone suggest me the point to kept in mind at the time of preparation of balance sheet, if anybody has a good format or files which is relevant for me plz reply I need ir urgently
21 May 2013
Every Ba lane Sheet has to be prepared as per prescribed schedule VI duly modified. This is the best form of presenting the accounts. In case of a manufacturing company you should consider the WIP and valuation of closing stock