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How to prepare a final account?

Answers were Sorted based on User's Feedback



How to prepare a final account?..

Answer / d.selvakumar

The final account namely Profit and loss account and
Balancesheet prepared with help of trial balance and
adjusment entries

Is This Answer Correct ?    19 Yes 1 No

How to prepare a final account?..

Answer / venkatesh

final a/c are prepared for 12 months period.final accounts
are prepared to the financial position of the
organisation.final accounts are preapred based on the trail
balance.actually the final accounts includes trading
account and profit and loss account and balance sheet.

Is This Answer Correct ?    5 Yes 0 No

How to prepare a final account?..

Answer / s.c.bhalla

Final accounts/ annual accounts normally prepared for 12 months is Financial statement comprising Treading, profit and loss account and Balance sheet prepared from Trial Balance in case of non corporate entities and for corporate it is Balance Sheet and statement of Profit and Loss of a company

Is This Answer Correct ?    0 Yes 0 No

How to prepare a final account?..

Answer / gitu1975

final account prepare a financial period

Is This Answer Correct ?    5 Yes 9 No

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