Submitted Questions

  • What is meant by Finalization of Accounts?

    sindhuja

    • Dec 8th, 2014

    All Accounting Ledgers in mentioned period reconcile &
    After that finalize Trading & Profit & loss A/c &
    Balance sheet called finalization of accounts.
    Finalization of Accounting entries like Provision of Expenses, Depreciation etc

    sohail

    • Oct 11th, 2014

    Somebody explain me process of A/C finalization