What accounting records must a company charity keep, and
for how long?

Answer Posted / guest

Accounting records are to be kept and preserved for three
years for a private company and six years for a public
company. (Companies Act 1985 s222 (5)).

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Feature of Master letter of credit of Garments manufacturing company?

1444


Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .

1619


plz send me hsbs finance questions asked in the interview ans appitude also

2090


We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.

2008


who invented acounts?

1398






which Electrical items is Exciseible

1816


how to entry of hra

1685


What is mean by Reserve on Consolidation?

26991


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2121


difference between office expense and miscelleanous expense with some examples

1575


what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.

1549


Expand-------ANC

1777


can i get exact salary of clerk in SBI. and i want to know about promotion details .....

1448


Could u show me the sample TDS Document / Template

1627


What are the duties of sales tax department? Explain it

1764