Sir,
proprietor have some PPF investment and paid lic policy premium. but balance sheet new format ( balance sheet non corporate entities) have no coloum to show above it's mention only withdrawal so can we insert one or two column more in notes part or show under withdrawal
please suggest
If the new format of the balance sheet for non-corporate entities does not provide columns to show PPF investments and LIC policy premium payments, you may need to show these investments and payments separately in the notes to the financial statements. In the notes, you can explain the nature of the investments and payments and provide additional details.
CAclubindia
