हिंदी

State Whether the Following Statement is True Or False. - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

State whether the following statement is True or False.

Debit balance of Trading account shows gross profit.

विकल्प

  • True

  • False

MCQ
Advertisements

उत्तर

False

Explanation:
 Debit balance of Trading Account shows gross loss, i.e. when the debit side of the Trading account exceeds its credit side.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Partnership Final Accounts - Exercise 4 [पृष्ठ ६५]

APPEARS IN

मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 2 Partnership Final Accounts
Exercise 4 | Q 13 | पृष्ठ ६५
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×