05 October 2022
How to make final accounts of a proprietor who have 3 firms located in same area.. can i add all income and assets in one p&l ,b/s or have to ready 3 different p&l, b/s ?
05 October 2022
For in depth analysis you have to prepare separate statements, but for final return filing you have to aggregate all the figures in one or final P&L and BS....
06 October 2022
Ok sir but for financial statements purpose, i have to ready 3 different final accounts for each buisness right? If i need to give to bank for loan purposes.