Financial reporting period

This query is : Resolved 

27 September 2011 A proprietorship business has been converted into partnership business on 1.10.2011.Assuming financiar year is 2011-12.

what should be the financial reporting period for proprietorship business point of view ?

27 September 2011 Financial year will be from 01-04-2011 to 30-09-2011 for Prop. Firm.

28 September 2011 Yes Mr Nitin is absolutely right ..............




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