Interested to Buy Any Domain ? << Click Here >> for more details...
what is the final accunt
- 3 Answers
- 6868 Views
- Wipro, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
kanika enterprises follows the written down value method of depreciating machinery year after year due to: 1.comparability 2.convenience 3.consistency 4.all of the above
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
Explain how you can adjust entries into account?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
what diff, between companay balance sheet and indivisual balance sheet?
We purchase goods worth rs. 25000 from shyam co. in credit. We paid him 20000 and rest we refuse to pay. What is the journal entry for it. This is not discount received.
purchasing of software more than Rs.8000/- will be treated as expense or assets
Explain what is account receivable?
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
What is the method to determine / set the credit limit for the customer ?
What is the difference between Discount & consession?
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
Audit 
