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In the case of a company which has been registered for a period of not less than 5 years, whether the accumulated losses of the company at the end of the relevant financial year are not less than 50% of its net worth and whether it has incurred cash losses in that financial year and immediately preceding such financial year.
Cash loss is the net loss of the company after excluding all non -cash expenditures such as depreciation , amortization etc. By CA Abhishek Agarwal.
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∙ 11y ago
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What does it mean if you see an increase in trade creditors from the previous year on the balance sheet?
More use of cash for teh business.
What does it mean a balance sheet does not balance?
my balance sheet does not balance why?
What does debtors mean in the balance sheet?
Assets
What do you mean by credit balance in profit and loss Ac?
credit balance in profit and loss a/c is loss
What mean by Schedule Balance sheet?
A detailed balance sheet, which shows ledgers under groups, so here Schedule balance sheet helps all of us to view and print the balance sheet in detailed format.in other word schedule balance sheet is a balance sheet contain combined Asset class and liabilitiy class together under one group, and which shows ledgers under groups.
What if a balance sheet doesn't balance?
This can mean that either you got the maths wrong, or that the business has not accounted for one or more transactions. Ex: Company purchased $2,000 in equipment in cash. You Debit the equipment, but forget to Credit the cash balance. That incorrect transaction would cause the accounting equation to be incorrect. The accounting equation is... Assets = Liability + Owner Equity
What do you mean by finance function?
Finance function is the function which determines and brings the future financial resources need for the company from different sources like banks and financial institutions such as profit and loss account balance sheet and trial balance
What do you mean by Retained Interest in off-balance sheet securitized loans?
what does shrect mean
Does a credit card balance in the fund balance account at the end of the year mean the fund has sufficient cash to pay its liabilities in a timely manner?
No. A credit balance in the fund balance accounts does not mean there is sufficient cash to pay liabilities in a timely manner. The assets are likely to include taxes receivable, and it is possible that the reported liabilities will exceed the cash balance
What does accumulated deficit mean under stockholder equity on a balance sheet?
== == accumulated deficit is the net loss which is carried everyyear from p&l to balance sheet under stock holder equity. the net loss carried everyyear collectively is known as accumulated deficit == == http://www.investopedia.com/terms/s/shareholdersequity.asp
What does the number in parentheses mean on balance sheet line item?
the number is negative.
What You Mean Showing Debit Balance in Sales?
sales generally have credit balance .debit balance of sales would mean that a firm is incurring loss on sales
