Query

AS 420 views 2 replies

dear member 

 

pleaae provide me the treatment of share issue exp, discount on issue of share ,as per revised schedule and As . As per my understanding As 26 does not cover this.

 

regard 

rahul

Replies (2)

as per revised schedule VI it should be written off completely in books as sch VI does not allow misc exps heading 

how these exp written off if company has  does not have securities premium and profit and loss dr balance


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