Finalisation of balance sheet
This query is : Resolved
shilpi gupta
(Querist)
03 November 2011
hello,
Pls. tell me what points should be remember at the time of finalisation of balance sheet like calculation of dep., closing stock, outstanding exp. , prepaid expenses & what more?
Pls tell me.
Pls. tell me what points should be remember at the time of finalisation of balance sheet like calculation of dep., closing stock, outstanding exp. , prepaid expenses & what more?
Pls tell me.
JIGAR DALAL
(Expert)
04 November 2011
Apart from Dep. Working, INventory Valuation, Prepaid Working, Outstanding Exps. working Following points to be remember,
- DTA/DTL Working,
- Provision for Exps.Working (Without TDS & With TDS),
- Provision for Taxation Working,
- Interest Accrued (Payable/Recievable)
- Related Party Transactions Detail (For Notes to Accounts)
- Contigent Liability Working,
- Foreign Currency Expenditure Working (For notes to Accounts)
- Employee Benifits Working (Gratuity , LTA Etc.)
- DTA/DTL Working,
- Provision for Exps.Working (Without TDS & With TDS),
- Provision for Taxation Working,
- Interest Accrued (Payable/Recievable)
- Related Party Transactions Detail (For Notes to Accounts)
- Contigent Liability Working,
- Foreign Currency Expenditure Working (For notes to Accounts)
- Employee Benifits Working (Gratuity , LTA Etc.)
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