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THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
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Answer Posted / madhu
Here the Debit balance of the P& L A/c means Loss. sO it is
shown on Assets Side of the Balance Sheet or the same is
deducted from the capital A/c
| Is This Answer Correct ? | 9 Yes | 2 No |
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