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how to do finalisation of accounts

Answer Posted / sachin

1st u close the books of account like bank , cash , pur,
sale book, than u made Trading & Profit loss account pass
all the entries in ur book than take ur opening bal & than
calculated ur closing bal this closing bal will be take in
trading & Pl account in cr. side (Get close all ur exp.
overdue ) than u can made Balance sheet

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