Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the final accunt

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is addition of Opening Balance and net profit transfered from profit and loss account called

1881


is it related to b.com syllabus or puc syllabus

2263


Define balancing in accounting?

908


If a transaction was missed completly how do you find it?

2031


sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?

2020


VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI

2039


HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT

1894


what is different between leaser of subsidary book and journal?

1912


I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.

2282


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

12346


Do you know the term account payable?

997


is we can prepare any account for partnership in tally

3667


what is the nature of profit and loss approprition account.which entity prepare this.

1866


what is difference between budgeting and Forecasting

1663


Compare financial accounting and cost accounting.

1061