Liquidation

Accountancy

Anyone's expalin how to do list H and is it important to open list H ?? I cannot understand list H format. Plz detailed explained for me

Sathiya Bama

CA Final

★ 24K+

23-Apr-21 13:03

637

Answers (1)

In short, From the profit we add back items contributing to deficiency and reduce items contributing reducing deficiency.

ruchi lahoti

CA Inter

★ 27K+

24-Apr-21 11:35