Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 11 - No. 28)

The accounting process of a partnership usually includes:

Income statement, appropriation account, statement of financial position

Appropriation account, income statement, balance sheet

Balance sheet, income statement, appropriation account

Income statement, cash flow, appropriation account

Explanation

The income statement shows the result of the business for a given period, followed by the appropriation account and ending with the statement of financial position

Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 11 - No. 28)

Explanation

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