Accountancy, asked by chirag50651, 11 months ago

Need and importance of partnership final accounts in points form

Answers

Answered by ghagnimish6
2

Explanation: 1. Final Account is made to see a Company's assets and liabilties till the end of the year

2. Final Account also tells how much capital is invested by a partner.

3. It tells how much profit or loss a company is bearing at the end of the financial year.

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