Question

We can get the report of Interest from
A.Account Books
B.Cash and Fund flow
C.Inventory Books
D.Statements of Accounts

Answer 1

D) is the answer mate

Answer 2

Answer:

The correct answer is option D. Statements of Accounts.

Explanation:

• A statement of accounts is a document that records all transactions between you and a specific customer during a specific time period.
• In most cases, business owners send statements of accounts to their clients to inform them of how much they owe for credit sales made during that time period.
• A financial statement is made up of four independent accounting statements: a balance sheet, an income statement, a cash flow statement, and a statement of shareholder's equity.
• The steps are: Gateway of Tally → Display → Statements of Accounts → Interest Calculations → Ledger.

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