06 May 2014
Sir... I was solving one cash flow statement problem... in the problem ..
Reserves and Surplus
Opening Balance :132000
Closing Balance : 140000
Net Profit after tax: 18000
there was no adjustment pertaining to Reserves
what will be the balance in general reserve? and How to interpret it..? What can be the different interpretations For balance in different types of reserves?
CAclubindia
