Accountancy, asked by Sachinrayf5879, 1 year ago

aims and objective of final account for project

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Answered by sachinarora2001
27
THERE ARE MOSTLY TWO MAIN OBJECTIVES OF FINAL ACCOUNTS ARE - - - -


♨♣ TO FIND OUT THE PROFIT AND LOSS OF A BUSINESS DURING ONE ACCOUNTING PERIOD.

♨♣ TO KNOW THE FINANCIAL POSITION OF A BUSINESS I.E THE POSITION OF ASSETS, LIABILITIES AND CAPITAL AT THE END OF THE ACCOUNTING YEAR...


HOPE U SATISFIED
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