Regarding Compnies Balancesheet
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2011
Sir,
How there shown, If profit.
How there shown, if loss .
Same query in personal balance sheet & companies balance sheet.
How there shown, If profit.
How there shown, if loss .
Same query in personal balance sheet & companies balance sheet.
11 May 2011
In personal B/S
If Profit add to Proprietor Capital Account if loss deduct from Proprietor Capital Account
In Company B/S
If Profit, Show under the head Reserve and surplus if loss show under the head Miscellaneous expenditure.
If Profit add to Proprietor Capital Account if loss deduct from Proprietor Capital Account
In Company B/S
If Profit, Show under the head Reserve and surplus if loss show under the head Miscellaneous expenditure.
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