Accounts not maintained for 8 years


This query is : Resolved 

06 July 2015 There is a Pvt Ltd company which was incorporated 8 years ago. They have not maintained accounts since incorporation.

Now they want their accounts to be maintained and audited. So far they just have a bank account and the transaction happens through it.

So how do we go about it. Please help

Ankur Garg (Expert)
12 July 2015 It would be tuff to create accounting entry now for past 8-9 years.


13 July 2015 So what is the solution?


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