Both assets and liability aspects will provide proper profit or loss for the financial year of the business can be carried over to next upcoming year to do business with certain point of views.
Anonymous
2y
Yes after complete of balance sheet can carried forward balance over the upcoming next financial year.... Because it is opening balance for next financial year
Sneha Parmar
2y
yes, after completeing the balancesheet. we can carry forward to the next upcoming year.
M SUVARNA
2y
Yes, the Profit and Loss carry forward for next financial year
Aditya prasad padhi
2y
Yes, that profit and loss are carried forward to next year.
Aditya prasad padhi
2y
Yes, that profit and loss are carried forward to next year.
Hareeshma Chinnu
3y
Profit or loss must be carry forward on next financial year
Selvakumaran A
3y
Either profit or loss must be carry forward to the next financial year
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