Discussion topic

Financial statements are prepared using which basis of Accounting and why?

Financial statements are prepared using which basis of Accounting and why?

by Faisal Khan Tushar -
Number of replies: 1

Financial statements are prepared with the help of the basic equation of the accounting which is- assets=liability+owner's equity.

In reply to Faisal Khan Tushar

Re: Financial statements are prepared using which basis of Accounting and why?

by Shahana Kabir -
Good observation.Thanks for reply.