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Business, 17.06.2020 10:57 ashvinmsingh

How would you show the following two items in a company‘s Balance Sheet as at 31st March, 2020 as per the requirement of Schedule III: General Reserve (Since

31st March, 2019) Rs. 5,00,000.

Statement of Profit and Loss (Debit Balance) for

2019-20 Rs. 3,00,000.

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