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Any two difference of Trading and Profit and loss A/c
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Answer Posted / saikiran( kevin)
Trading A/c consits of all Factory expenses and Revenues
and the profit derieved is called Gross profit or loss.
P&l A/c consits of all operating expenses and Revenues and
the profit or loss derieved is called Net profit or net
loss.......................hav fun.
| Is This Answer Correct ? | 30 Yes | 8 No |
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