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what is the final accunt

Answers were Sorted based on User's Feedback



what is the final accunt ..

Answer / thamim

final account
Final Account is the Balance sheet and the profit and loss
account which is prepared from Trial balance extracted from
the ledger.Balance sheet reflect the position of the
company as on the date while profit and loss account gives
the result of te business

Is This Answer Correct ?    15 Yes 2 No

what is the final accunt ..

Answer / raja reddy

It is a statement. Its showing the organization financial
position.We will prepare for know the profit or loses. the
organization position.

Is This Answer Correct ?    4 Yes 0 No

what is the final accunt ..

Answer / shailendrasen82@yahoo.com

Financial Accounting means Profit & Loss and balance sheet. They are show the Company position as on Present Year and Past Year and Indicate where the stand by their Company in the Market.

Is This Answer Correct ?    0 Yes 1 No

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