Accountancy, asked by anantaniruddh84, 7 months ago

does every company prepare final account

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Answered by savitalahase3008

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Answered by aryankhandelwal018

Answer:

The Companies Act requires every company to prepare every year a Profit and Loss Account or Income and Expenditure Account and Balance Sheet of the end of the year – Final Accounts of company including Trading Account, Profit and Loss Account, Profit and loss Appropriation Account and Balance Sheet.

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