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What are the Trading A/c Components and let explain about
Trading account and Profit & Loss Account

Answer Posted / r.m.rafi

trading A/C it is prepare to asertain the grass profit or
grass loss
profit& loss A/C main object of P&L A/C is to asertain the
net profit or net loss made by the business for a
particular period.

Is This Answer Correct ?    24 Yes 7 No



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