Accountancy, asked by nkeueu8318, 10 months ago

What is the objectives of preparing final accounts?

Answers

Answered by Anonymous
6
Objectives of Final Accounts 

•To present the true financial position of the business on a given date.
•To make effective control on financial activities of the business.
•To make a summary presentation of all the financial transactions.
•To communicate the operating results and financial position of the users.

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