Preparation of financial statements of companies - illustration 4

Hi sir / madam My doubt is why balance amount of current year profit and loss of 1,42,500 (after deduction of dividend of preference shares i.e 3,00,000 - 157500) is not considered while calculation in condition II . [But the current year profit was considered for condition II in the example which was given in previous video but not considered in this video] Video Details ------------- P1 - Advanced Accounting - Without AS Preparation of Financial Statements #20. Illustration 4

Nagachaitanya Nomula

CA Inter

★ 8K+

11-Nov-24 17:15

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