Companies Act contains a detailed proforma
of which of the following ?
(A) Manufacturing Account
(B) Profit & Loss Account
(C) Balance Sheet
TO All of these
Which of the following is shown in Pro
Answers
Answered by
0
Answer:
(B) Profit & loss Account
Answered by
0
Companies Act contains a detailed proforma of Balance sheet.
- The sheet accurately represents a financial report sufficiently detailing the valuable assets, potential liabilities and economic equity of shareholders of a corporation.
- Balance sheets are thus responsible for the comprehensive evaluation of a corporation.
- Schedule III to the Companies Act, 2013 typically consist of the general guidance for the balance sheet preparation and a corporation's considerable profit and loss statement.
Similar questions