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Grouping of Share Application Money

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2010 share application money received by a company should be grouped under Capital & Reserves or current liability
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Silpa Agarwal

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Silpa Agarwal (Expert)
02 May 2010 Share application money should be grouped under Capital & Reserves
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
02 May 2010 Share application money reced may be grouped under Share Capital.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
02 May 2010 AGREE UNDER SHARE CAPITAL.
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CS Jithesh (ACS,)

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CS Jithesh (ACS,) (Expert)
03 May 2010 As per the Schedule Vi of the companies Act, 1956, you have to show the SHare Application money just below the Share Capital in Liability side.
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CS Jithesh (ACS,)

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CS Jithesh (ACS,) (Expert)
03 May 2010
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 May 2010 thank you
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