Practical Qus. 11
What's the logic behind working note 1
Soon to be CA
CA Inter
★ 4K+
02-Sep-24 10:08
341
Answers (2)
To calculate profit for the year. You can do it by preparing ledger account as well. Since there is a movement in general reserve as well, you cannot take directly the change in p&l account. Also dividend has been paid.
