Multiple Choice Questions on The purpose of preparing a final account is to determine ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

The purpose of preparing a final account is to determine ........

Accountancy (11th) Chapter-9 Financial Statements-1
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    The purpose of preparing a final account is to determine

    Profit and Loss

    Incorrect Answer

    Capital

    Incorrect Answer

    The value of Assets

    Incorrect Answer

    Profit and Loss and Financial position

    Correct Answer
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    Explanation:

    Profit and Loss and Financial position

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