CA Inter doubt
In internal reconstruction problems do we have to write off debit balance of profit and loss account even if the problem doesn't mention any adjustments? I saw in some problems it's not written off. P
Asked by D.16 Jun 2025574 views
3 answers
Meet · 19 Jun 2025
Yes
Kagitha · 16 Jun 2025
If CRR balanced with other adjustments then we can't write off
Kagitha · 16 Jun 2025
Yes because reconstruction is done because we are going through lossess and whatever the CRR account is there it is used to write off them
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