reservie
Querist : Anonymous
Reserve & Surplus - This is a main head that comes in Liab. side where all the Reserves like CRR, Revaluation Reserve, P&L A/c comes.
Querist : Anonymous
Reserve & Surplus WE WILL CREATE UNDER WHICH HEAD (CURR LIAB OR EQUITY)
But as per Schedule VI the following heads are there in Liab. side:-
(i) Share Capital
(ii) Reserve & surplus
(iii) Secured Loans
(iv) Unsecured Loans
(v) Current Liab. & Provisions
(vi) P&L A/c
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