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Required format of balance

indu yadav (15 Points)

07 August 2024

how to prepare a balance sheet
please describe note or video

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prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 07 August 2024

1)For non corporate entities, as per the guidelines issued by ICAI .

2) For Corporate entities as per schedule III of the Companies Act amended till date ( for both standalone & Consolidated balance sheet) , also refer section 129 of the Companies Act .

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sabyasachi mukherjee (27574 Points)
Replied 08 August 2024

The formats horizontal and verticals are available

prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 08 August 2024

Also you can refer, Balance sheet of Banking Companies, as per Banking regulation Act, like wise Insurance Companies & Electricity companies. etc .

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