FINANCIAL STATEMENTS - PowerPoint PPT Presentation

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FINANCIAL STATEMENTS

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FINANCIAL STATEMENTS After the preparation of the trial balance, the management of a business enterprise proceeds to get the financial statements prepared. The purpose of preparing financial statements is to enable the management to have a periodical review of the progress made by the enterprise and deal with The present status of investments the business. The results achieved during the period under review. The term Financial Statements' means the two statements prepared at the end of the accounting period of the enterprise viz, the Balance Sheet (statement of the present financial position) and Profit and Loss Account (income statement). The two statements together are called the final accounts in traditional accounting language. – PowerPoint PPT presentation

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Title: FINANCIAL STATEMENTS


1
DRUG STORE AND BUSINESS MANAGEMENT
Introduction to DSBM
Mr. Maroti M. Jeurkar Lecturer, YBCP, chandrapur
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Mr. M. M. Jeurkar Drug Store And Business
managment
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THANK YOU
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