Vidyalelo
Commerce · Q957

Accounting

Graduate and Post Graduate · Commerce · question 957

Q957

The main objective of preparing Income and Expenditure Account is to know:

A.
Cash Balance
B.
Financial Condition
C.
Total Sales Proceeds
D.
Surplus or Deficit
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board