Which of the following is not a financial statement?
A). Profit and loss account
B). Profit and loss appropriation account
C). Balance sheet
D). Trial Balance
Trial Balance
Trial Balance is not a financial statement. Trial Balance is a list of closing balances of ledger accounts on a certain date and is the first step towards the preparation of financial statements. It is usually prepared at the end of an accounting period to assist in the drafting of financial statements.
1. If the opening inventory of a business is undercast, it will
2. Declared dividend should be classified in the balance sheet as a
3. Amortization of unidentified intangible assets is in terms of
4. Oil spills are a source of pollution for
7. The legally binding international agreement to reduce Greenhouse gases by 5% 2012 is _________
8. Green Revolution in India was initiated by __________