THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET
Answer Posted / vijay
Actully there are menny types of methods.
The debit balance of the P&L A/c it means loss there are
two way to show the loss to the balance sheet.
1) Deducte from Capital
2) show to the Asset side of the Balance Sheet
Is This Answer Correct ? | 7 Yes | 2 No |
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