Consolidated balance sheet f.y. 2017-18
This query is : Resolved
28 February 2019
Please tell how to make consolidated Balance Sheet of F.Y. 2017-18..?
I had merged balance sheet of companies but someone had said this is not right way.
{One Private Limited company had done investment in another private limited company, holds more than 20% of shares = associate companies so consolidated Balance Sheet is required as per section 129 of companies act, 2013}
I had merged balance sheet of companies but someone had said this is not right way.
{One Private Limited company had done investment in another private limited company, holds more than 20% of shares = associate companies so consolidated Balance Sheet is required as per section 129 of companies act, 2013}
01 March 2019
For consolidation of financial statement as per AS 21, you need to merge one to one item of the Balance sheet except for the investment of the holding company and the share capital of the subsidiary / associate. Calculate the Goodwill or Capital reserve by adjusting the investment with the share holding
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