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Schedule 3 format

Sir give some tips to present Speedly and effectiently the financial statement as per schedule 3 format Sholud i start to present p&l , balance sheet , notes to accounts at a time or present separately. Which one is efficient to do to save time ?


Balaji R

Balaji R

CA Inter

12K+

25-Nov-21

51

Answers (2)

start with balance sheet(simultaneously working notes) leave space for reserves and surplus row in balance sheet ,prepare p&l then come to reserves and surplus


Vamsi Krishna

Vamsi Krishna

CA Inter

121K+

25-Nov-21

Try simultaneously, it saves time but should be careful in not missing out entry in either of the statements.


sudha reddy

sudha reddy

Moderator

2 days ago

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