Date of Financial Statements

This query is : Resolved

Bapun Dasgupta (Querist)
Follow

06 June 2022 A trust was registered on 25 August, 2021. However, the first financial transaction, i.e. transfer of corpus fund occurred on 5 November, 2021.

While preparing the financial statements for the period ended 31 March, 2022, what should be the headline on the top of the income & expenditure account :
"Income & Expenditure Account for the period from 5 November, 2021 to 31 March, 2022"
OR
"Income & Expenditure Account for the period from 25 August, 2021 to 31 March, 2022" ?

Shall be thankful for the reply.

Best regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

06 June 2022 "Income & Expenditure Account for the period from 25 August, 2021 to 31 March, 2022"

Message likes : 1 times

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

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

ASHOK B GONDKAR

rana andcompany

Raj Jaggi

SHRI HARIRAO

Raviraj ponkshe

Subscribe Now

Date of Financial Statements

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANT

GST CONSULTANCY

Manager- Finance and Compliance

Senior Executive

Accountant