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In p&l account where does miscellaneous expenses comes
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Answer Posted / nitu mohatta
Misc expenses comes in assest side this is because they
needs to be wriiten off from p n l account on year to year
basis.
Explanation:
if there debit balance in P/L account due to misc expenses
then assest side will show pnl debit balance which can be
replaced by misc. expenses and then on yer to year basis it
will be wriiten off fron pnl a/c.
Thanks
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