In Liablity side of balance sheet say
reserve funds rs.10000
general reserve rs.20000
Equity share cap. rs.30000
Profit and loss rs.10000
Should we take Profit and loss a/c value while calculating shareholders funds?
In Liablity side of balance sheet say
reserve funds rs.10000
general reserve rs.20000
Equity share cap. rs.30000
Profit and loss rs.10000
Should we take Profit and loss a/c value while calculating shareholders funds?