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How to finalise the accounts of any private limited company?

Question Posted / p ramarao

Answer Posted / p ramarao

First confirm the outstanding balances for debtors and
creditors with proper evidence,and compleate bank
reconcilation ,provissions for laibleties ,and complete
stock audit if applicable, caluculate depriciation and
confirm payble taxes, Prepare P&L account and balance
sheet ,tranfer dividend to the share holders.

Is This Answer Correct ?    79 Yes 4 No



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