Financial Accounting MCQs

Trading account shows

April 25, 2022

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Trading account shows

Q. Trading account shows

A. Gross profit

B. Net profit

C. Notional profit

D. Both a & b

Answer: Gross profit

Trading account shows

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UPSC Daily Current Affairs Quiz: 25 April 2022

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____ shows the position of Assets and Liabilities of a business entity as on a particular date

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