Understanding these concepts requires a solid foundation in physics. Make sure you review your basic physics knowledge to fully understand the principles behind static and dynamic equilibrium as well as heat transfer.
Final accounts give you profits for the year while balance sheet shows assets , liabilities and capital as on a particular date. Final accounts shows how much profit has been earned while balance sheet shows the financial condition of the business.
Chartered accountancy is a great career option in India. There is high demand for CAs across industries due to rapid growth and expansion of businesses. You will have opportunities in various domains like audit, taxation, financial consultancy, financial reporting, etc. The pay package is also very good. But be prepared to work hard initially and obtain the necessary experience. All the best!
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