📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The purpose of preparing final accounts is to ascertain

             .
    A Profit or loss Correct Answer Incorrect Answer
    B Capital Correct Answer Incorrect Answer
    C The value of assets Correct Answer Incorrect Answer
    D Profit or loss and financial position. Correct Answer Incorrect Answer

    Solution

    The purpose of preparing final accounts is to ascertain Profit or loss and financial position.

    Practice Next
    More Accounts Questions
    ask-question