Accountancy, asked by pinkesh5497, 1 year ago

What are the needs of final account

Answers

Answered by cutiealeeza132

0

For the result of profit and loss...

And through Balance Sheet we can know the the financial position of a business concern.

Answered by Anonymous

0

The Need of Final Accounts

Profit and Loss A/C - To find the 'financial performance' of the company.

Balance Sheet - To find the 'financial position' of the company.

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