Dear Friends,
Share Capital is 1 crore and RE is 1.1 Crore. Where it will be impact in our Balance Sheet. What action is required for Losses are greater than Share Capital.
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Shareholder's Funds Become Zero
Replies (5)
What is re?
is it reserves and surplus?
is it reserves and surplus?
You mean to say against share capital of 1 crore, Retained Earnings (RE) is 1.1 crore.
RE will appear as P & L Account in Balance sheet either side of BS depending upon + /- balance.
RE will appear as P & L Account in Balance sheet either side of BS depending upon + /- balance.
Dear Kapadi, Yes ofcourse Retained Earnings is always appeared in PL and we need to show in the Balance Sheet too. Shareholder's Funds = Share Capital + Retained Earnings. But, my query is Retained Earnings (Losses) are more than Share Capital. So, how it will be affected the share holders? we need to intimate to them ? any ROC compliances?
Company Secretary will handle ROC filings. No extra ROC filings.
Shareholders come to know through Annual Report along with Directors Report and Audited accounts. It's common sir.
Shareholders come to know through Annual Report along with Directors Report and Audited accounts. It's common sir.
Dear Kapaji Ji, thanks a lot for your kind assistance. mohanraj_vkj @ yahoo.co.in
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