Math, asked by sayedanwar, 1 year ago

what is final account

Answers

Answered by vishwachaithanya

4

final accounts give a concise idea of about the profitability and financial position of a business to its management, owners and other interested parties.All business transactions are first recorded in a journal. they are then transferred to a ledger and balanced.These final tallies are prepared for a specific period.

Previous Question

Next Question

Similar questions

Social Sciences, 8 months ago

Gorang is a youth who returns to his small village in Manipur after completing his education. He finds that the beautiful unique baskets that the tribals make have huge demand in the cities. How do you think he can use ICT (Information and Communication technology) to help his fellows from tribal community start a profitable business of baskets?

Math, 8 months ago

7(x−8.2)=3x+19 and (Best answer gets brainliest’) 0.6y−1.5=0.3(y−4)...

Social Sciences, 8 months ago

what is basic general knowledge...

Physics, 1 year ago

what is mean by a pitch,?

Hindi, 1 year ago

what is the meaning of varshik utsav???

Physics, 1 year ago

skiers use long, flat skies over snow. why?

Chemistry, 1 year ago

The body of the Mars Orbiter needs to be made up of a special material in order to avoid rusting of the parts and overheating of the surface. Explain your choice of materials that scientists used so that a disaster could be avoided. For class 7...

English, 1 year ago

Is the sentence ' This is the least thing which we have knowledge of '' correct or we have to write it '' This is the thing which we have least knowledge of'' please help me .