Preparation of financial statements

Preparation of financial statements is the sixth step of accounting cycle that comes after the preparation of adjusted trial balance. Once the adjusted trial balance has been correctly prepared, its amounts can be directly used to prepare income statement, statement of retained earnings and balance sheet.

Next page is:
Prev page is:

Show your love for us by sharing our contents.

One Comment on Preparation of financial statements

  1. Pingua kikanai

    I thank so much,continue with that spirit

Leave a comment