Company accounts Schedule III
This query is : Resolved
Balakrishnan
(Querist)
26 August 2022
As per companies act new Sch III amount are to be rounded.
Suppose I have a figure Rs.189,593 in Balance sheet and I wants to round it off to nearest hundreds.
What is the amount in Balance sheet? Rs.1895.93 or 1896 or 189600 ?
Also if balance sheet schedule have no figure whether I wants to disclose Empty schedule?
Pls reply
Suppose I have a figure Rs.189,593 in Balance sheet and I wants to round it off to nearest hundreds.
What is the amount in Balance sheet? Rs.1895.93 or 1896 or 189600 ?
Also if balance sheet schedule have no figure whether I wants to disclose Empty schedule?
Pls reply
CA R SEETHARAMAN
(Expert)
31 August 2022
It's 1896 or 1895.93.
Say figures in hundreds.
No need to disclose empty schedule.
Say figures in hundreds.
No need to disclose empty schedule.
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