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Final statement...

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(Querist)
20 June 2013 The correct sequence of the following in the preparation of periodical final statements would be--
1.Preparation of balance Sheet
2.Preparation of cash flow statement
3.Preparation of Trial Balance
4.Preparation of Profit/Loss Statement
The correct option is--
(a)4,2,1.3
(b)3,4,1,2
(c)2,4,3,1
(d)1,3,2,4
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
20 June 2013 Correction option is

b.3,4,1,2
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