व्यापारिक खाता लाभ हानि एवं आर्थिक चिट्ठे को क्यों बनाया जाता है
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Answer:
The main objective of the trader is to earn profit . For information about merchant Tlpt based on the final accounts are prepared (final accounts). It is not a single account, but a summary of articles. The following articles are prepared under this
(1) Trading account
(2) Profit and loss account
(3) Balance sheet
Based on the above details, the trader can determine the net income or net loss as well as the financial position of his business. Financial status refers to the comparison of assets and liabilities of the business.
Not all non-business organizations prepare final accounts, but many large organizations prepare final accounts to know the true economic status of their organization and to know whether the expenditure is excess on expenditure or expenditure is excess on income.
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