50 MCQ-TRADING ACCOUNT PROFIT AND LOSS ACCOUNT AND INCOME AND EXPENDITURE ACCOUNT IN INDIA
50 MCQ-TRADING ACCOUNT PROFIT AND LOSS ACCOUNT AND INCOME AND EXPENDITURE ACCOUNT IN INDIA Which of the following is credited in the Trading Account? a) Purchases b) Sales c) Wages d) Carriage inward Answer: b) Sales The balance of the Trading Account shows: a) Gross Profit or Loss b) Net Profit or Loss c) Capital […]










