GENERAL RESERVE - 1603 P/L ACCOUNT - 807 SECURITIES PREMIUM - 500 ----- Total 2910
after B/S its given profit for the yesr ended given 3060. there are some rectification amounting to rs 60 , so after rectificatio profit comes to (3060-60)=3000.
so my Q. is what could be the probable cause between such difference means why is there a difference between 2910 and 3000. it should be same.
Referncence - Praveen sir , ca final , valuation of goodwill chapter , ABC Ltd.