............ are required to show figures to the previous year figures of financial
statements
a. Partnership firms
b. Cooperatives
c. Componies
d. Government companies
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The correct answer is c companies
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Answer:
(C) Companies.
Companies are required to show figures to the previous year figures of financial statements.
Explanation:
The financial statements of the company must show both current year as well as previous year figures.
It provides the current year analysis of the company's performance when compared with the previous year.
It helps the investors for understanding the year on year growth/ decline in numbers.
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