हिंदी

The Trading Account is prepared mainly to determine

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प्रश्न

The Trading Account is prepared mainly to determine

विकल्प

  • Net profit or net loss

  • Cash in hand

  • Gross profit or gross loss

  • Capital balance

MCQ
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उत्तर

Gross profit or gross loss

Explanation:

The trading account records direct incomes and direct expenses to find out whether the business made a gross profit or incurred a gross loss during the period.

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