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प्रश्न
Give the word / term or phrase which can substitute the following statement.
The credit balance of Trading Account.
एक शब्द/वाक्यांश उत्तर
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उत्तर
Gross Profits
Explanation: Credit balance of Trading Account implies gross profit earned as a result of the trading activities of the business. If the amount of sales exceeds the amount of purchases and expenses directly connected with such purchases, the difference is termed as gross profit, i.e. it shows credit balance of Trading Account.
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