Procedure for first balance sheet for more than 12months

Sruthi Rajamani (Articles) (46 Points)

17 May 2014  

Can anybody tell me the procedure for laying the first balance sheet for period more than 12months. Say suppose a company has got incorporated in November, 2012. In that case can a balance sheet be made for period from Nov2012- March 2014. If so, what is the procedure ? 

 

Thanks