Home
Class 11
ACCOUNTS
ACCOUNTING PERIOD CONCEPT...

ACCOUNTING PERIOD CONCEPT

Text Solution

Verified by Experts

Entire life of an enterprise is divided into time intervals which are known as accounting periods at the end of which a profit and loss acccount is prepared to ascertain the profit and a balance sheet is prepared to ascertain the financial position.
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING PRINCIPLES

    DK GOEL|Exercise ( A )OBJECTIVE TYPE QUESTIONS (Fill in the blanks)|9 Videos

  • ACCOUNTING PRINCIPLES

    DK GOEL|Exercise ( B )Mention whether the following are true or false|10 Videos

  • ACCOUNTING PRINCIPLES

    DK GOEL|Exercise HIGHER ORDER THINKING SKILLS (HOTS) QUESTIONS|26 Videos

  • ACCOUNTING FOR GOODS AND SERVICE TAX (GST)

    DK GOEL|Exercise Problems based on missing information|3 Videos

  • ACCOUNTING SOFTWARE PACKAGE : TALLY

    DK GOEL|Exercise Multiple choice Questions:|7 Videos