Kishorep26 (Student CA Final ) (25 Points)
11 May 2016I need to know the P&L and Balance sheet format to be maintaned for a cinema . Pls help
mohammad rasool baig
(Management Consultant)
(1026 Points)
Replied 11 May 2016
Profit & loss as well as balance sheet will not differ. It may be same even for cinema theatres.
Praveen Tawania
(Owner)
(369 Points)
Replied 12 May 2016
Prepare your Profit and Loss Account and Balance Sheet as prescibed in schedule -3 of Companies Act,2013.
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