Is reserves carries minus balance
This query is : Resolved
Kumar Nayudu
(Querist)
15 September 2015
Dear one and all
let me know, is reserves carry negative balance which is accumulated.i have seen in balance sheet which is authorized by CA Firm
so could you please, provide info regarding reserves with section. if it is possible kindly paste the website link
let me know, is reserves carry negative balance which is accumulated.i have seen in balance sheet which is authorized by CA Firm
so could you please, provide info regarding reserves with section. if it is possible kindly paste the website link
CA R SEETHARAMAN
(Expert)
15 September 2015
Yes reserves carry negative balance in case of accumulated losses.
See www.investopedia.com.
See www.investopedia.com.
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