What are the four main heads under which final accounts are prepared in the Double Account System?
1
Trading A/c, P&L A/c, Balance Sheet, Funds Statement
2
Revenue A/c, Net Revenue A/c, Capital A/c, General Balance Sheet
3
Receipts and Payments, Income and Expenditure, Balance Sheet, Reserves Statement
4
Capital Receipts, Capital Expenditure, Revenue Receipts, Revenue Expenditure