PREPARATION OF BALANCE SHEET AS PER SCHEDULE III OF COMPANIESACT, 2013

Advance Accounting Section 129 of companies act 2013, provides for preparation of financial statements.  2(40) to include balance sheet, profit and loss account/income and expenditure account, cashflow statement, statement of changes in equity and any explanatory note annexed to the above. 3. New section 129 corresponds to existing section 210. It provides that the financial …

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