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What are the difference between P/l a/c and income and
expenditure
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Answer Posted / hemant
when ever the target of company to be earn the profit menas
whome the target is earn then serve we prepaired the P&L
accounts bu the when they thinks frist of all serve then
earn they prepaired income and expendutre accounts as per
accouting system
otherwise the meaning is same
| Is This Answer Correct ? | 1 Yes | 6 No |
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