Accountancy, asked by kumarsubash1969, 7 months ago

Every holding company is required to
present a consolidated balance sheet under
the companies act, 1956.

Answers

Answered by ks985

0

Answer:

A Consolidated Balance Sheet is the Balance Sheet of both holding company and its subsidiary or subsidiaries which is prepared in order to show the assets and liabilities in a consolidated form. ... In India, as per Companies Act, 1956, however, it is not required to make a Consolidated Balance Sheet...

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