Where will the retained earnings created under schedule II will appear in the schedule III-Part I(balance sheet)?
2 Replies
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 ?
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