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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 / trupti
DEBITE BALANCE OF P&L A/C WILL BE 'NET LOSS' & HENCE IT
WILL BE SHOWN ON ASSET SIDE OF BALANCESHEET UNDER THE HEAD
MISCELLENEOUS EXPENDITURE.
| Is This Answer Correct ? | 11 Yes | 6 No |
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