Sir,
How to prepare the accounts of a florist (a flower decorator).
What type of accounts should be maintained. If possible, provide me list of accounts.
Pls guide me.
Thanking you,
NAUYUG
1 Replies
Jag Bhushan Sharma
(Faculty in a B-School)
(633 Points)
Replied 27 January 2010
There is nothing special about a florist's business to warrant any special accounts. You have to maintain purchase a/c, sales a/c and debtors' a/c and creditors' in case decoration etc. is done on credit and purchases are also done on credit. Cash and bank a/cs are a must in any case. At the end of the year create stock account after stock taking.
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