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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
What are the Trading A/c Components and let explain about 
Trading account and Profit & Loss Account
 Question Submitted By :: Sudhakar
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What are the Trading A/c Components and let explain about Trading account and Profit & Loss Account
Answer
# 1
trading means purchase the goodes  services , sale is 
selling cost of then gross profit 


profit & loss a/c is how is the income in the firm
 
Is This Answer Correct ?    0 Yes 1 No
Anil
 
  Re: What are the Trading A/c Components and let explain about Trading account and Profit & Loss Account
Answer
# 2
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 ?    4 Yes 0 No
R.m.rafi
 
 
 

 
 
 
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WHICH ASSET IS DEPRICIATED IN TANGIBLE?  2
what do you mean by Line item display? Keane-India-Ltd1
equity RRDonnelley2
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salary is which type of account??  13
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how accountant calculatee depriciation  1
tell me about accounting  5
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what is gap analysis?  3
what is the difference between direct income and indirect income. pleases explain with example.  3
How do you value freehold property investment assets?  1
If we were to call your current supervisor, in which area of accounting would he or she say is your strongest? Which area would he or she say is your weakest?  1
what is the Entry for Prepaid expenses? which side it come in balance sheet? Wipro5
 
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