What will they prepare?

Profit Organisation prepare - Profit & Loss a/c & Balance sheet

Non-Profit Organisation prepare - Receipts&payment a/c, Income&expenditure a/c and Balance sheet (For service)

Incase of IT company is a Profit organisation and its provide services also.

What  will they prepare?

 

Replies (1)
it also prepares proft nd loss acnt.

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