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Projected balance sheet

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while preparing projected balance sheet of private company.....companies act will follow or income tax act
Replies (4)
Always company act will follow.
Salary payble is included in trade paybles or other current liabilities
Salary Payable is included in Other Current Liabilities.


Regards
CA. Raj Doshi
R C D & Co.
Chartered Accountants
E :raj @ rcdco.in
Yes, required to follow Company Act to Prepare Projected Balance sheet of Company.
Salary Payable is to be shown under Other current liabilities..


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