Knowledge in Final Accounts
Final Accounts
Final accounts gives an idea about the profitabilitty 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.
Abdul Ahad
Accounts - Final Accounts
FINAL ACCOUNTS, it is a somewhat archaic bookkeeping term that refers to the final trial balance at the end of an accounting period from which the financial statements are derived. This final trial balance includes all of the journal entries used to close the books, such as: Wage and payroll tax accruals.
Kuldeep Sharma
Case Study (Accounts)
In the social sciences and life sciences, a case study is a research method involving an up-close, in-depth, and detailed examination of a subject of study, as well as its related contextual conditions. Case studies can be produced by following a formal research method. So, here is the case of Varun limited which is related to final accounts. It shows usefulness of income statement and balance sheet.
Issue of shares by a company
Issue of share and various calls made by the company for getting the money.
Heena Gupta
Issue of shares by a company
Issue of share and various calls made by the company for getting the money.