Easy Office
LCI Learning

Regarding final accounts

This query is : Resolved 

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.


06 October 2022 Depends upon the bank's requirement. Generally single aggregate statement is required to be submitted.

06 October 2022 Ok sir thank you for answer

06 October 2022 You are welcome ..



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query