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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 / padmakar
It is expenditure over than income because of it should be
shown in assets side. Other wise that losse shoud be
decrese from capital. Income over than expenditure it shoud
be showne in reserve and surpless.
| Is This Answer Correct ? | 14 Yes | 1 No |
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