THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
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Answer Posted / vijay
Actully there are menny types of methods.
The debit balance of the P&L A/c it means loss there are
two way to show the loss to the balance sheet.
1) Deducte from Capital
2) show to the Asset side of the Balance Sheet
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