Excuse me: Small-scale taxpayers convert to general taxpayers and tax requirements require segmented income accounting. How should the balance sheet be segmented?

The balance sheet is continuous, and it can be produced as it should be. It only requires segmented accounting of income, because this affects the accounting of taxes. The accounting method for small-scale taxpayers and general VAT taxpayers is It’s different. Therefore, you have to calculate taxes separately on the income before and after converting to a general VAT taxpayer.

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