Question

.60
7. Z Ltd. has the following balances on 1st April, 2018 :
₹
General Reserve
2,50,000
Capital Reserve
1,50,000
Statement of Profit & Loss
2,00,000
During the year ended 31st March, 2019, it incurred a loss of 7,10,000.
Show how these items will appear in the Balance Sheet and notes to accounts?​

Answer 1

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