Hi,
What it's full set account?
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Hi,
What it's full set account?
These are expressions:-
1) Full set of books.
2) Full set of accounts:-
This refers to
a)Trading Account
b)Profit and Loss Account
c)Appopriation Account
d)Balance Sheet
Full set of accounts or a set of financial statements is composed of:
1. Statement of Financial Position
2. Statement of Comprehensive Income
3. Statement of Changes in Equity
4. Statement of Cash Flows
5. Notes to the accounts
Dear all,
Hye Irenehere,please kindly tell me,how to do Trading Profit & Loss ?
Do have the simple example? Because I am a new study in accounting.
Thank you so much
Irene
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