FINAL ACCOUNTS

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Business StudiesSecondary Education

This lesson contains 19 slides, with interactive quizzes and text slides.

Items in this lesson

Slide 1 - Slide

DEFINITION OF FINAL ACCOUNTS

Final accounts gives an idea about the profitability and financial position of a business to its management, owners, and other interested parties. All business transactions are first recorded in a journal.

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www.khanacademy.org

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SHARE ANY TWO POINTS ABOUT THE TOPIC FROM GIVEN PRESENTATION.

Slide 18 - Open question

DIFFERENTIATE BETWEEN
TRADING ACCOUNT
AND
PROFIT & LOSS ACCOUNT

Slide 19 - Mind map

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