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This query is : Open
19 July 2011
As per FTE of MCA, Company should not have any assets and liabilities.
Company has shown Share capital Rs. 1,00,0000/- Cash Rs. 50,0000/- and P & L (DR.) Rs. 50,000/-. as on 30.06.2011
MCA has required resubmission stating that company should not have any assets and liabilities.
How can it be shown in Balance sheet.
Company has shown Share capital Rs. 1,00,0000/- Cash Rs. 50,0000/- and P & L (DR.) Rs. 50,000/-. as on 30.06.2011
MCA has required resubmission stating that company should not have any assets and liabilities.
How can it be shown in Balance sheet.
19 July 2011
my view
show the cash Rs.50000 under Miscellaneous Exp., and file it again
show the cash Rs.50000 under Miscellaneous Exp., and file it again
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