Accountancy, asked by nagrasatnam6123, 2 months ago

Balance with Reserve Bank of India is part of which Schedule as per Final Accounts of Banking Companies

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Answered by jaihind1234
1

Answer:

FINAL ACCOUNTS The Banking Regulation act, 1949 prescribes formats of preparing final accounts of the Banking companies. The third schedule of section 29 gives forms 'A' for the balance sheet and Form 'B' for Profit and loss account. The balance sheet consists of total 12 schedules

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