property plant and equipment
Prateek Aggarwal (4 Points)
17 August 2019
The fixed assets in balance must be replaced by property, plant and equipment as per latest changes in Schedule III.
2 Replies
Shivam RC
(Student)
(23683 Points)
Replied 18 August 2019
Yes you are correct...
Part I of SCHEDULE III of the Companies Act 2013 prescribes the format of preparation of Balance Sheet.
As per the latest Amendment, the word FIXED ASSET under the heading "Non-Current Assets " will be replaced by " PROPERTY, PLANT AND EQUIPMENT. "
Warm Regards.
Part I of SCHEDULE III of the Companies Act 2013 prescribes the format of preparation of Balance Sheet.
As per the latest Amendment, the word FIXED ASSET under the heading "Non-Current Assets " will be replaced by " PROPERTY, PLANT AND EQUIPMENT. "
Warm Regards.
Prateek Aggarwal
(4 Points)
Replied 18 August 2019
I was saying that the app also should change it for anyone who refer it....
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