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Prepare profit loss account and balance sheet for the year ending June 30 2002 from the following trial.
Sole proprietorship balance sheet download balance sheet from mca. Bookkeeping software uses double-entry bookkeeping which builds both the income statement and balance sheet. Click on the My Documents tab after logging into the system. Go back on the My document option given on th MCA portal after loging.
This site is owned by Ministry of Corporate Affairs. On August 26 2015 at 846 am I agree Robert. The sole proprietorship balance sheet depends on the bookkeeping condition that expresses that assets equal liabilities in addition to shareholders equity.
In this manner a balance sheet contains an organizations assets liabilities and shareholders equity which is alluded to as proprietors equity on account of a sole proprietorship. You have to access MCA portal and login to the MCA portal. Prepare a statement of changes in owners equity.
Its critical for sole proprietors to keep things separate. Use the assets side to list your companys tangible and intangible assets as well as its cash on hand. The most common expenses are preprinted to save you time.
MCA compliance requirement. After showing detail on MCA portal click on first coloum and wait for payment detail. Report wages tips and other compensation and withheld income social security and Medicare taxes for employees.
Simply drop in your amounts on the lines provided. Unfortunately it doesnt always happen. Inspect the desired documents and down load.
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