TMI BlogValue of certain liabilities not to be takenX X X X Extracts X X X X X X X X Extracts X X X X ..... amounts shown as liabilities in the balance sheet shall not be taken into account for the purposes of rule 2A : ( a ) capital employed in the business other than that attributable to borrowed money; ( b ) reserves, by whatever name called; ( c ) any provision made for meeting any future or contingent liability ; ( d ) any debt owed by the asses ..... X X X X Extracts X X X X X X X X Extracts X X X X
|