explain how the loss incurred by a company in a particular year will be disclosed in the balance sheet
Answers
Answered by
1
Answer:
Net accumulated Loss is shown on the asset side in the balance sheet.
These include trade payables to MSMEs, disputed dues to MSMEs, and other dues and disputed dues. Similarly, disclosures shall also be made where no due date of payment is specified. Information for unbilled dues is also required to be disclosed separately. Trade Payables ageing schedule: (Amount in Rs.)
Similar questions