Nigetive Net Current Assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2010
Please rectify me I am making a balance sheet of a private limited co. where the total Investment is 282250000/-, Loans& Adv. 82170/- Cash & Bank balance 254256/- & total Current liabilities is 2500000, so therefore in my balance sheet Net Current Assets is in negative balance (82170+254256-2500000)= -(2163573) “ but my balance have been tallied,
Is it ok ?
Is it ok ?
CA Sanat Pyne
(Expert)
18 June 2010
as per information given by you, your net current asset will be nagetive.
hshivakumar
(Expert)
18 June 2010
yes it is correct
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