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Unit 12: Final Accounts
Answers: Self Assessment Notes
1. internal users 2. Solvency of the business
3. Financial statements 4. Stock Exchanges
5. Capital expenditure 6. Intangible assets
7. Trial Balance 8. gross profi t
9. net profi t 10. fi nancial position
11. False 12. True
13. False 14. True
15. False
12.11 Further Readings
Books Khan and Jain, “Management Accounting”.
M.P. Pandikumar, “Accounting & Finance for Managers”, Excel Books, New Delhi.
R. L. Gupta and Radhaswamy, “Advanced Accountancy”.
S. N. Maheswari, “Management Accounting”.
V. K. Goyal, “Financial Accounting”, Excel Books, New Delhi.
Online links www.futureaccountant.com
www.cbdd.edu
www.textbooksonline.tn.nic.in
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