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10 September 2013 If in Profit and loss A/c Deficit arises then we have to show it in the surplus coloum in (-ve) but it is not accepting if the deficit is greater than Issued Capital. Plz solve my query...
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
10 September 2013 you can show the debit balance of p&l a/c in the asset side

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