CA Foundation Question > Net Profit or Loss will be derived at _______...
Related Test
Net Profit or Loss will be derived at _______ stage of accounting
- a)Classifying
- b)Interpretation
- c)Recording
- d)Summarising
Correct answer is 'D'. Can you explain this answer?
Answers
The answer is D.Summarising stage is concerned with the preparation and presentation of the classified data in a manner useful to the internal as well as external users of financial statements. This process leads to the preparation of the following financial statements. Therefore, Net Profit or Loss is derived at the summarising stage.
| 1 Crore+ students have signed up on EduRev. Have you? |
Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer?
Interpretation is correct answer
 | View courses related to this question | Explore CA Foundation courses |
Explore CA Foundation courses View courses related to this question |  |
Net profit or loss is been taken out by the p and L account of a Firm and p/l account is the form of summarising which was one of the feature of accounting
Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer?
Read the theory part of Summarising. You will know it better
Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer?
Yes, At the end we will do Summarize our whole transactions and Take report of net Profit or net loss
Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer?
C
Question Description
Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? for CA Foundation 2023 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2023 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer?.
Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? for CA Foundation 2023 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2023 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer?.
Solutions for Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer?, a detailed solution for Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? has been provided alongside types of Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Net Profit or Loss will be derived at _______ stage of accountinga)Classifyingb)Interpretationc)Recordingd)SummarisingCorrect answer is 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Similar CA Foundation Doubts
Download free EduRev App
Track your progress, build streaks, highlight & save important lessons and more!
(Scan QR code)
|
|
The answer is D.Summarising stage is concerned with the preparation and presentation of the classified data in a manner useful to the internal as well as external users of financial statements. This process leads to the preparation of the following financial statements. Therefore, Net Profit or Loss is derived at the summarising stage.
|
© EduRev
|
Education Revolution
|
Follow Us
|
