06 December 2010
i have not taken classes for Accounts. I have bought MPV books for AS. I was reading the applicability of As and really got confused regarding classification of SMC & NON SMC,& SME.
whether SME includes proprietorship, firms, HUF, Aop etc.
Also I inferred from reading that SMC & LEVEL-II & LEVEL III entities are the same then why it is referred as SME.
06 December 2010
Hi if someone over here explains u, then its fine.., or else get D S RAWAT, there at the end chapters proper explaination is given... No need to get the book from market, u can get of ur friend's book and get that chapter xeroxed..
CAclubindia
