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How to Prepar Balance sheet?

Answer Posted / raj k.punjabi

For Prepar B/S i collect all the information about company
and at first i decide the tax area of organisation. after
that i need hard coppies of all documents which are
containing with amounts and given effect to B/S such as
invoices, bank accounts, debit & credit notes invesments,
agreements etc. When i collect all information i make
genral entries and ledger folio and posting. with closing
balances of i making Trading and P&L or income &
expenditure account and finaly make balance sheet.

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