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Liquidation of companies

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 May 2010 Anything to be disclosed in financial statements of a company which is losing its going concern from this year please help me out.
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Rasesh

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Rasesh (Expert)
25 May 2010 The Notes to Account have to disclose the fact that the accounting is done considering that the company is not a going concern and has been accounted accordingly.

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