Accounting Question


Joined
Feb 20, 2010
Messages
2
Reaction score
0
Explain why a business will normally prepare interim statements at the end of each month and close the books only once a year. Include in your discussion the difference between interim period and the end of an accounting cycle. What will happen if a company chooses to not close the books.
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

Accounting Questions... 5
Accounting Question 4
accounting question 4
Accounts Question 0
Accounting Question 0
Account Question 1
Accounting Question 6
Accounting Question 1

Top