Who prepare income and expenditure account and for what?
Answer Posted / b.narasimha rao
INCOME AND EXPENDITURE ACCOUNTS PREPARED BY THE ACCOUNTANT.
TO KNOW THE HOW MUCH INCOME EARNED BY THE COMPANY DURING
THE ACCOUNTING PERIOD. THIS ACCOUNT USE FOR PLAN THE INCOME
IS INCREASE AND EXPENSES ARE DECREASE
Is This Answer Correct ? | 26 Yes | 16 No |
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