church accounts
This query is : Resolved
Poorna Chander
(Querist)
30 April 2017
hi
would request any body tell me the way of Church books of accounts and returns. In which accounting standard will come under
thanks
regards
poorna chander
04 May 2017
Since the church is not formed for making profits and you can maintain the books as maintained by Charitable society. Receipts and payments can be shown and Balance sheet can be prepared for recording the assets and liabilities.
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