steps for finalisation of accounts and related entries

Answer Posted / k.kishan

Preparation of Trailbalnance, Reconciliation of Stock
ledgers, Bank accounts, venders accounts, custemers
accounts, inter branches accounts, posting of JVs for
Provisions and Prepaid Expenses for the financial year and
Tax adjustment entries, than prepair final Trailbalance
sheet, than prepare Profit & Loss/Income & Expenses a/c,
Balance sheet on a particular date

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