Where will the retained earnings created under schedule II will appear in the schedule III-Part I(balance sheet)?
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 24 April 2015
Reserves & Surplus.
Gowtham
(Student)
(1174 Points)
Replied 24 April 2015
Could it shown as a debit balance among other reserves ?
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)