Share application money
This query is : Resolved
15 January 2013
According to revised schedule 6 share application money is to b shown after reserve and surplus or in current liability and wether tym period of pending allotment is more than one year then where to show in the balance sheet?
16 January 2013
To be shown in the head 'share application money pending allotment'.
Positioning in b/s is in between 'shareholders fund 'and 'non current liabilities'.
Positioning in b/s is in between 'shareholders fund 'and 'non current liabilities'.
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