Final statement...
This query is : Resolved
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
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
20 June 2013
Correction option is
b.3,4,1,2
b.3,4,1,2
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