Set off of accumalated loss and accumaleted balance sheet
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2011
Please resolve my quary
If there is a accumulated loss and accumulated Profit in a Balance Sheet is running, Can it be set off with each other?
If yes what is the treatment of it?
If no what will be its treatment?
Please resolve my quary
If there is a accumulated loss and accumulated Profit in a Balance Sheet is running, Can it be set off with each other?
If yes what is the treatment of it?
If no what will be its treatment?
19 September 2011
Both cannot coexist together and hence they have to set off against each other.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2011
Thank You sir
Thank You sir
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