ACCOUNTS FINALIZATION

In interview how to explian about "TRAIL BALANCE and PROFIT & LOSS ACCOUNT for ACCOUNTS FINALIZATION" in short time?

Please provide me information

 

Thanks & regards

SHARATH

amarabada @ gmail.com

 

 

Replies (1)

Dear,

Trial Balance is the Summary of the Closing balances in different accounts as on the particular date.

& Profit & Loss Account Means the summary of Income Earned or Losses incurred for a particular year or a period


Sunil

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