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What are the objectives of preparing trading account? - Accountancy

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प्रश्न

What are the objectives of preparing trading account?

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उत्तर

  1. The trading account provides information about gross profit and gross loss.
  2. It provides an opportunity to safeguard against possible losses.
  3. It provides information about direct expenses and direct incomes.
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अध्याय 12: Final Accounts of Sole Proprietors - 1 - Very short answer questions [पृष्ठ २६४]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
अध्याय 12 Final Accounts of Sole Proprietors - 1
Very short answer questions | Q II 7. | पृष्ठ २६४
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