THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
Answer Posted / vijayranga
Debit balance of P&L account will be shoen in the B?S at
the same column only as "Net loss",
by deducting from capital, if it is net profit addding to
the capital.
| Is This Answer Correct ? | 3 Yes | 0 No |
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