Accountancy, asked by chinnudaripalli3766, 10 months ago

Partnership final accounts observation

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Answered by abhirock51
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Partnership Final Accounts. Partnership final accounts are prepared in a similar way as sole proprietorship accounts. They include Trading A/c, Profit & Loss A/c and the Balance Sheet. Final accounts are prepared for the following purpose:- i. To find out the gross profit or loss for the period ii.

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