Mar 31, 2010
A) SYSTEM OF ACCOUNTING:
The accounts are recorded on the basis of historical cost convention
and on accrual system of accounting based on principles of going
concern.
B) SALES:
Company has not made any Sales during the year
C) FIXED ASSETS:
Fixed assets are valued at cost less depreciation. Pre-operative
expenses are capitalized.
E) INVESTMENTS:
Investments are valued at cost.
F) INVENTORIES:
Inventories are valued at cost. Damaged goods are valued at estimated
value by the management.
Mar 31, 2008
A) SYSTEM OF ACCOUNTING:
The accounts arc recorded on the basis of historical cost convention
and on accrual system of accounting based on principles of going
concern.
B) SALES:
Company has not made any sales during the year
C) FIXED ASSETS:
Fixed assets are valued at cost less depreciation. Pre-operative
expenses are capitalised.
D) INVESTMENTS:
Investments are valued at cost.
E) INVENTORIES:
Inventories are valued at cost. Damaged goods are valued at estimated
value by the management.
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