What is the difference between AOC-4 and MGT 7 ?
What is the difference between AOC-4 and MGT 7 ?
AOC -4 is a statement that contains details
EQUITY AND LIABILITIES
Share capital
Reserves and Surplus
long term loan
current liabilities
Short term borrowing
Trade payable
ASSETS
Non Current assets
Fixed assets
Tangible assets
Intangible assets
long term loans and advance
Current assets
Current Investment
Inventories
Trade Receivable
Cash & cash equivalents
Short term loan and Advance
Profit & Loss
Turnover
Domestic
Export
other Income
Expenses
Purchases
Financial cost
Managerial remuneration
Depreciation
Other Expenses
ACO-4 is contain details of financial statement like Balance Sheet & Profit & loss of a company during the year but MGT-7 contains only date of annual general meeting and Board meeting of a company.