Statement of Account (Form STK-8) requires detailed breakdown of sources and application of funds and CA certification. Form STK-8 prescribes a Statement of Account showing Sources of Funds (capital, reserves and surplus, detailed loan funds including secured and unsecured ... Summary
Statement of Account (Form STK-8) requires detailed breakdown of sources and application of funds and CA certification.
Form STK-8 prescribes a Statement of Account showing Sources of Funds (capital, reserves and surplus, detailed loan funds including secured and unsecured borrowings, debentures, deposits) and Application of Funds (fixed assets, investments, net current assets computed as current assets less current liabilities with itemised creditors/unpaid dividends/payables, miscellaneous unamortised expenditure, and debit balance in profit and loss). The form requires date, place, signatures of MD/Secretary and directors where applicable, and certification by a practising Chartered Accountant with membership/practice number and seal.
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