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Nigetive Net Current Assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2010 Please rectify me I am making a balance sheet of a private limited co. where the total Investment is 282250000/-, Loans& Adv. 82170/- Cash & Bank balance 254256/- & total Current liabilities is 2500000, so therefore in my balance sheet Net Current Assets is in negative balance (82170+254256-2500000)= -(2163573) “ but my balance have been tallied,
Is it ok ?

18 June 2010 as per information given by you, your net current asset will be nagetive.

18 June 2010 yes it is correct




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