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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 / thota . koteswara rao
The debit balance of the P&L A/C is called always net
profit. Its show in Balance sheet liabilities side, and
also it is add to the capital account.
| Is This Answer Correct ? | 14 Yes | 23 No |
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