Balance sheet
This query is : Resolved
05 October 2014
In the balance sheet why we r starting with liability.i.e in schedule 6A.
06 October 2014
Format prescribed by Companies act
.
have to follow it
.
.
reason may be ..even though it is written as liability it is source of funds for business and assets are result of application of funds
.
have to follow it
.
.
reason may be ..even though it is written as liability it is source of funds for business and assets are result of application of funds
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