Accounts to be audited in certain cases
Who is required to have the accounts audited and when?
• Any dealer, liable to pay tax, if this turnover of sales or purchases exceeds the specified limit [say, Rs. 25 lakhs or Rs. 40 lakhs) in any year; and
• Any non – resident dealer...
It is for financial accounting... different types of cashbooks and accounts...
an example cost sheet of Crop "Pole Tomatoes"... Check out ppt presentation on it..........>>>