I have internet cafe, also i do scanning , printing, lamination works and also i receive commission from forex . Is it necessary to prepare profit and Loss a/c for such business or Income and Expenditure a/c is better ? Kindly reply.
05 August 2015
Thanks a lot, receipts from internet cafe is around 120000 pa and commission recd is around 150000/- pa. so it would be better to prepare profit and loss a/c? plz let me knw. thanks.