Is there any format for the preparation of the BS and PL for temples? reply urgent pl
sreenath
(Articled Assistant)
(219 Points)
Replied 27 September 2012
For Temples No P & L Account is Maintained Since It is not a trading Concern
for Temples Income & Expenditure Can use
palak
(article)
(46 Points)
Replied 28 September 2012
There is no prescribe format for final accounts of a Temple. and final accounts of temple includes income and expenditure account, Statement of affairs.
.
CAclubindia
