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Commerce · Q1064

Accounting

Graduate and Post Graduate · Commerce · question 1064

Q1064

The final accounts of a manufacturing company generally include the following statements. Select the correct sequence in the which the statements are prepared i. Balance sheet ii. Manufacturing account iii. Profit and loss account iv. Trading account v. Profit and loss appropriation account

A.
i, ii, iii, iv, v
B.
ii, iv, iii, v, i
Answer
C.
v, ii, iv, iii, i
D.
i, iv, iii, ii, v

Answer: Option B

Solution

Answer: Option B
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