Whether uncommitted reserves are to be adjusted against debit balance and whether calls in advance are to be shown under the head “Current liabilities and provisions”

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....ether calls in advance are to be shown under the head "Current liabilities and provisions" Query: The notes given in the form of the balance sheet in Schedule VI are intended to exhibit the balance as per books. It may be clarified that in respect of the directions given in note (h), there is no necessity to pass entries in the books of account debiting the general reserve and crediting the profi....