How To Prepare Finalization Accounts


  • 1 Mar, 2012

    First, of all post all the journals in the ledger and then post in the trial balance and from that prepare trading account and manufacturing account (if necessary) and profit and loss account. And then prepare profit and loss adjustment account and with the help of the trial balance prepare balance sheet and also show the profit under reserves after deducting the previous year losses and show contingencies (if any) in the notes to accounts.

    Comments Received:
    Please give your suggestions and feedback:

2009-2016 downloadmela.com. All rights reserved.