Question

1. A company has to prepare its balance sheet once in
a. Six months
b. Two years
c. A year
d. As and when it needs​

Answer 1

Answer:

(option c) A year.

Step-by-step explanation:

Given: 1. A company has to prepare its balance sheet once in

a. Six months

b. Two years

c. A year

d. As and when it needs​

Section 129 of groups act 2013, presents for education of monetary statements. 2. 2(40) to encompass stability sheet, income and loss account/earnings and expenditure account, coins go with the drift assertion, assertion of adjustments in fairness and any explanatory word annexed to the above. 3. New segment 129 corresponds to current segment 210. It presents that the monetary statements shall deliver a real and honest view of the situation of the organisation and shall observe the accounting requirements notified beneathneath new segment 133. 4. It is likewise supplied that the monetary statements will be organized withinside the shape supplied in new agenda III of Companies Act, 2013.

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