What is the correct sequence of the following actions required for the preparation of final accounts?
1. Preparation of Trial Balance
2. Balance of accounts
3. Preparation of annual financial statements
4. Making adjustment entries
Select the correct answer
A. 1, 2, 3, 4
B. 4, 3, 2, 1
C. 4, 2, 1, 3
D. 2, 1, 4, 3
Answer: Option C
This Question Belongs to Commerce >> Accounting
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