Question

Write the steps in the preparation of final accounts by using GNUKhata.

Answer 1

Step 1 – Creation of new organisation 

Step 2 – Creation of Admin and Login 

Step 3 – Creation of Sub Groups 

Step 4 – Creation of Ledger Accounts 

Step5 – Voucher Entry 

Step 6 – Editing opening stock and Closing stock account 

Step 7 – Display Ledger Accounts 

Step 8 – Display Trial Balance 

Step 9 – Display P & L Account 

Step 10 – Display Balance Sheet