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what is the outcome of trading and profit and loss account
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Answer / poorna
Gross profit or the gross loss are the outcomes from trading account, where any of these outcome will helps to derive the net profit or net loss from proft and loss account....where this net profit or loss is linked to the capital amt on liabilities side to know the fairness of the concern by equating both assets and liabilities.....
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i have 100 rupees. how i can divide in 21 note who is equal to 100 rupees??
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