Question -
Flow of Accounting information(A to B to C to ....) and briefly explain each step in 1-3 lines
Distinguish between financial and managerial accounting. (two paragraphs of 4-5 lines each or in tabular form)
What are trading securities, how and at which amount they are recorded in the books of accounts
Prepare asample Bank Reconciliation Statement (without amounts) showing all possible items that can appear therein.