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Question 1 Not yet answered Marked out of 1,00 Flag question Which user is interested to have financial information relating to taxation, labor, and corporate laws? O a. Investors b. Managers OC. Government O d. Creditors Question 2 Not yet answered Marked out of 1.00 Flag question The next step after the preparation of ledger is O a. Journal b. Final accounts O c Trial balance O d. Ledger Question 3 Not yet answered Marked out of 1.00 p Flag question Which of the following business organization is owned by two or more persons? a. Partnership O b. Company O c. Corporation O d. sole proprietorship Question 4 Not yet answered Marked out of 1.00 p Flag question What is meant by narration? a. A brief calculation of the assets O b. A brief assessment of the capital of the business O CA brief description about the transaction Od. A brief computation of the revenue Question 5 Not yet answered Marked out of 1.00 p Flag question Calculating balance of any account, after posting all entries in ledger account is known as O a. Balancing O b. Posting O c Entry O d. Arithmetic O