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why is it called profit and loss account why not profit or
loss account, ( u either get profit or loss )
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Answer Posted / dayakar
As it shows profits/gains at credit side as well as expenses
or losses at debit side
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Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
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