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Method of accounting for a pvt ltd company

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(Querist)
06 April 2015 the accounting method for a pvt ltd company should be single or double entry for filing annual returns
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CA Kanj Goel

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CA Kanj Goel (Expert)
07 April 2015 In today's world single entry system is not acceptable by any authority only double entry system can be followed and in case of companies you have to follow accrual method of accounting.

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