Balance sheet
This query is : Resolved
sankar ponnan
(Querist)
21 June 2020
SIR
Is the Balance sheet compulsory and to be audited for all of small business?
......... AND........
A Truck Company which has own trucks is doing its business in the name of "Adithya Roadlines" in the first two years. Then, it has registered its business under the Companies Act
After Two years in the name of " Adithya Roadlines P Ltd".
It took one year after renamed as "Pvt Ltd".
Still it has not filed any balance sheet.
Whether we should prepare balance sheet for last three years or One year?
Thanks in advance
Is the Balance sheet compulsory and to be audited for all of small business?
......... AND........
A Truck Company which has own trucks is doing its business in the name of "Adithya Roadlines" in the first two years. Then, it has registered its business under the Companies Act
After Two years in the name of " Adithya Roadlines P Ltd".
It took one year after renamed as "Pvt Ltd".
Still it has not filed any balance sheet.
Whether we should prepare balance sheet for last three years or One year?
Thanks in advance
CA R SEETHARAMAN
(Expert)
21 June 2020
File last one year balance sheet of company.
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