Share application money received after balance sheet
This query is : Resolved
22 July 2013
Hello Sir
Is there requirement to disclose share application money received after balance sheet date as per AS-4 as this materially effect our buisness because its increase the faith of investor in our buisness more.
Thanks in advance
Is there requirement to disclose share application money received after balance sheet date as per AS-4 as this materially effect our buisness because its increase the faith of investor in our buisness more.
Thanks in advance
Ajay Mishra
(Expert)
22 July 2013
Hi
Any amount received after closing of year and before the adoption of balance sheet will not take part in balance sheet and it will be consider in current financial year balance sheet.
Any amount received after closing of year and before the adoption of balance sheet will not take part in balance sheet and it will be consider in current financial year balance sheet.
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