student
390 Points
Posted on 26 December 2010
the final accounts are
manufacturing account
trading account
profit and loss account
profit and loss appropriation
balance sheet
the process
prepare trail balance
see whether it agress or not
if does not agree investigate with ledger
provide provision..like
value inventory with market price whichever is less
prepare all reconciliation statement.
it just a note ..i will share complete soon..