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P1 C5 Accounting Equation and Business Transactions — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C5 Accounting Equation and Business Transactions1 Mark
Question
Write the stages for preparing final accounts in financial accounting method.
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Answer

Stages for preparing final accounts in financial accounting method are - Journal - subsidiary books - posting Trial balance and based on adjustments final accounts are preapered.

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