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Which of the following is NOT a component of final accounts?

Practice Questions

1 question
Q1
Which of the following is NOT a component of final accounts?
  1. Income Statement
  2. Balance Sheet
  3. Cash Flow Statement
  4. Trial Balance

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is NOT a component of final accounts?
Solution: The trial balance is not a component of final accounts; it is a preliminary step in the accounting process.
Steps: 0

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