Question

How are the following two items shown in a company's Balance Sheet as at 31st March, 2019 as per Schedule III of the Companies Act, 2013?
General Reserve (since 31st March, 2018) Rs 4,50,000, Surplus, i.e., Balance in Statement of Profit and Loss (Debit) as at 31st March, 2019 Rs 6,00,000.

Answer 1

Explanation:

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Best Wishes.

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