vivek (student) (35 Points)
21 June 2012Hello Friends ,
I had appeared for cs executive june - 2012 attempt and i want to ask one doubt relating to one question in accounts.
As we Know that Revised Schedule V I was applicable for cs executive june - 2012 exam as per circular by icsi.
In Accounts one Question i.e in Q 3 (b). Do Well Limited , we were Asked to Prepare Balance Sheet as on 31st march , 2010. So whether the Said Balance Sheet shall be prepared in Revised schedule V I or Old Schedule Vi.
Please Help me....
Regards
SUMIT MISHRA ACA, ACMA
(Executive)
(124 Points)
Replied 21 June 2012
Hey Vivek,
If it is clearly mentioned in question that to prepare balance sheet as per new schedule VI then and only then you needed to prepared that balance sheet as per new schedule otherwise needed to prepared it as per old.
CAclubindia
