DRESSES ON HIRE

[RAHUL GUJARATHI]

I HAVE RENTAL BUSINESS (FANCY DRESSES ON HIRE) IN SMALL SCALE. PLS SUGGEST ME PROPER METHOD OF ACCOUNTING. ALSO PROVIDE ME SAMPLE P&L AND BALANCE SHEET

AI Summary

Small Business Owner Seeks Advice on Accounting Methods and Sample Financial Statements; Experts Recommend Professional Guidance and Educational Resources A user running a small-scale fancy dress rental business seeks advice on proper accounting methods and requests sample profit and loss statements and balance sheets. One respondent suggests seeking personal advice and training from a chartered accountant. Another recommends referring to Class XI accounting books for guidance on accounting entries and sample financial statements. A third respondent agrees with the suggestion to engage professionals for assistance.