Revised schedule vi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 March 2013
Under which category the Call money received should be shown in Balance Sheet as per Revised Schedule VI?
18 March 2013
If the calls in advance has been received then it must be shown under the head Current Liabilities if the due date of the Call is within 1 year from balance sheet date.
If the call money has been received in time....then it should be shown under the head Share Capital.
If the call money has been received in time....then it should be shown under the head Share Capital.
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