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.

 

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