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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 / vinay valmiki
Just clear your doubts
Debit bal in P&L A/C means total of cr. is more (cr. all
incomes) total of Dr. is less ( Dr. all expenses)
Result net profit , which appears on the liab side of
Balance Sheet.
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