Choose the correct option in the followi | Class 11 Accountancy Chapter Financial Statements - 1, Financial Statements - 1 NCERT Solutions

Question:

Choose the correct option in the following questions :

The financial statements consist of:
(i) Trial balance
(ii) Profit and loss account
(iii) Balance sheet
(iv) (i) & (iii)
(v) (ii) & (iii)

Answer:

(v) (ii) & (iii)


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  • Read the question carefully and focus on the core concept being asked.
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Welcome to the NCERT Solutions for Class 11 Accountancy - Chapter . This page offers a step-by-step solution to the specific question from Excercise 21 , Question 1: Choose the correct option in the following questions : The financial statements consist of: (i) ....