What is the correct sequence of the following actions required for the preparation of financial acco......

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What is the correct sequence of the following actions required for the preparation of financial accounts ? (2 marks)

(i) Trading accounts

(ii) Making adjusting entries

(iii) Balance Sheet

(iv) Profit and Loss Account

Select the correct answer from the codes given below :

Codes :

(iv), (ii), (i), (iii)

(ii), (iv), (iii), (i)

(ii), (i), (iv), (iii)

(iv), (ii), (iii), (i)

Explanation:

(ii), (i), (iv), (iii)

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