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Regarding Compnies Balancesheet

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Querist : Anonymous

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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.
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
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.
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