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what is finalisation of accounts.
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Answer Posted / ravindra
Finalisation of accounts include journal entries,ledgers,
trial balance,p&la/c & balance sheet.p&l a/c & balance sheet
plays a very imp role
p&l a/c - which describes financial performance
Balance sheet - which describes financial position of company.
EVERY COMPANY HAS TO FINALISE THE ACCOUNTS EVERY YEAR
AND VERIFIED BY THE AUDITORS FOR THE EXPANSION OF THEIR
BUSINESS
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