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Answer Posted / sachin
trading accounts records all income or expence which is
inccured for trading.like purchase, sale ,carrige,wages
closing stock,it shows gross profit and loss
put the p/l records all indirect or directs exp or
indirects expence......it shows net profit which goes to
add in capitail in balance sheet
| Is This Answer Correct ? | 12 Yes | 8 No |
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