Question

33. Accounts of the Year means;
(1) From January to December
(2) From July to June next
(3) From April to March next
(4) From March to February next​

Answer 1

Answer:

1] From January to December.

Answer 2

ANSWER :

Accounts of the Year means

(1) From January to December

(2) From July to June next

(3) From April to March next ✓

(4) From March to February next

• ➲ Accounts of the year usually starts from April to March next.

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MORE TO KNOW :

• ➟ Acccounting year, also known as Financial year is a period of 12 months under which the organizations or businesses carry on their financial activities and calculate the accounts.

• ➟ An accounting year usually starts from the month of April and ends at the month of March in the next normal year.

• ➟ However, some businesses or organizations consider the accounting year as per the normal year, i.e, from January to December.