Applicable of accounting system

This query is : Resolved

Bhikhabhai (Querist)
Follow

27 August 2015 our client is partnership firm its nature of business is medical consultancy and medical store Which accounting method applicable ?

Vivek Hebbar (Expert)
Follow

28 August 2015 You can choose either cash basis or accrual basis of accounting since for partnership firms, accrual basis is not compulsory

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

Unanswered Queries

view all classess