A record in the ledger - that's what exactly is an account. It ameliorates the process of sorting and storing transactions. Keeping a book of accounts in order to do proper check of a financial year, called as accounting, is of great relevance. Maintaining the records is also of high pertinence as it involves a proper perusal by the authorities. Rather it includes the Balance Sheet, Profit and Loss Statement and the Cash Flow statement. Every company needs to prepare and keep the Books of Account, financial statements and other relevant details for the careful scrutiny. The maintenance of books of account is a must factor and the information contained in it should be retained. Please see the presentation for details.

Pulkit Midha

8 resources

0

1

0

Like