Interested to Buy Any Domain ? << Click Here >> for more details...
How to finalise the accounts of any private limited company?
- 3 Answers
- 24588 Views
- I also Faced
- E-Mail Answers
Answer Posted / saket
Firstly we need to extract Trial balance from the data available with the company and make the annexures/ workings of all the ledger accounts on the basis of vouchers, bills, challans and returns of indirect taxes, stock audit, bank reconciliation, Assets blocks and calculation of depreciation , Outstanding Expenses, Prepaid Expenses etc..
Further, on the basis of these annexures make a rectified trial balance and on the basis of new trial balance Final P/L and B/S will be made.
Next step will be Tax payment and return filing.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Expand-------CSNA
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
What three Specific Job Positions do you target from the Industry
what is a depository?
define bank Draft
Depreciation method to using Indian company names
objective of accounting
Short answer on____________Assessment Year
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
What is Acquisition?
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
What are events occuring after the balancesheet date?
What is difference between cash flow and funds flow?
How goodwill is accounted for the first time in a company .
