Revised schedule vi
This query is : Resolved
SAGAR DHAWAN
(Querist)
29 November 2014
suppose co. had a loss of rs 100000 in the previous year and in the current year also had suffered from a loss of Rs 1500000. And the company does not have any reserve and surplus, so according to revised schedule VI, how to show this loss of Rs 2500000 in the balance sheet.
29 November 2014
The amount should be shown as negative figure in Reserve & Surplus.
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