Accountancy, asked by chandra96nikgmailcom, 3 months ago

how banking Companies account's are prepared

Answers

Answered by shraddhagulve1234

3

Answer:

Two types of cash book are maintained. ... Five types of ledger are prepared - savings account ledger, fixed deposit ledger, current account ledger, loan ledger and investment ledger. Final accounts such as profit & loss account, balance sheet etc must be maintained according to Banking Regulation Act, 1949.

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