அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
The balance sheet of a finance company shall set out the state of affairs of such company as at the end of the financial year to which such balance sheet relates.
(2)
Unless the Board otherwise requires there shall be shown in the balance sheet or in any statement annexed thereto-
(a)
capitalized expenses not represented by tangible assets under separate headings, so far as they are not written off;
(b)
the market value of investments;
(c)
the method adopted to value fixed assets if there had been any valuation of such assets during the financial year;
(d)
the aggregate amounts of advances after the provision for bad and doubtful debts;
(e)
any increase or decrease in the provision for depreciation, renewals, or diminution in the value of fixed assets;
(f)
the sources and application of funds;
(g)
reserves, provisions and liabilities distinguishable from each other;
(h)
changes in equity;
(i)
except in the case of the first balance sheet of the finance company, the corresponding amounts at the end of the immediately preceding financial year for all items shown in the balance sheet.