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in general the financial year from shall be from
Answer & Solution
Correct Answer:
Option
A
The Balance Sheet and Income statement of companies across the Globe are usually prepared for a period of 1 year. However, the date from which this period starts varies from country to country.
In India, this 1 year period starts from 1st April and ends on 31st March.
In India, this 1 year period starts from 1st April and ends on 31st March.
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