Negative figure in Financial statement
This query is : Open
Quick Summary
23 December 2023
where may come nigative figure in Profit and loss account and balance sheet.
23 December 2023
No negative figure in profit and loss and balance sheet.
23 December 2023
sir,
Changes in inventories Closing stock minus opening stock and
Loss occured in profit and loss account to shown negative figure in reserve and surplus and
may another figure may be in negative like Creditors and Debtors.
Changes in inventories Closing stock minus opening stock and
Loss occured in profit and loss account to shown negative figure in reserve and surplus and
may another figure may be in negative like Creditors and Debtors.
23 December 2023
Negetive figure show it opposite side in case of balance sheet.
Show negative figure under creditors as debtors and negative figures under debtors under creditors.
Show negative figure under Reserves and surplus under asset side.
Show negative figure under creditors as debtors and negative figures under debtors under creditors.
Show negative figure under Reserves and surplus under asset side.
24 December 2023
@ Daya,
If the PandL amount (loss) account under "Reserve and Surplus" then it can be transfer/account in capital head. (I assumed you ask Pvt Ltd)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Reprocessing of rectification order AY 2025-26
- Putting a heading on received mail
- Consolidated financials
- Regarding Applicability of Tax Audit u/s 44AB
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
