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Accounting treatment

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 January 2015 Is income and expenditure account prepaired for Play school business or Trading and Profit & loss A/c.?
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Amol S Joglekar

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Amol S Joglekar (Expert)
15 January 2015 For educational concerns, Income Expenditure a/c is prepared.
Play school are basically aiming at parting social education, so it is advisable to prepare Income Expenditure A/c
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Rupesh Jain

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Rupesh Jain (Expert)
15 January 2015 income and expenditure a/c to be prepare
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