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what is finalisation of accounts.
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Answer Posted / sunil kumar nath
WHEN OUR ACCOUNTS NOT COMPLETE i.e. IT IS RUNNING, IT IS
SAID TO BE NOT FINALISED , SO AT HE END OF CERTAIN PERIOD
WHEN WE EXTRACT P&L A/C, B/S AND OTHER CLOSING REPORTS,IT
IS CALLED AS FINALISATION OF ACCOUNTS FOR THAT PERIOD.
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