मराठी

It is an account prepared to ascertain the gross profit/loss. It is a nominal account and represents the first stage of final accounts of a trading organisation.

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प्रश्न

It is an account prepared to ascertain the gross profit/loss. It is a nominal account and represents the first stage of final accounts of a trading organisation.

पर्याय

  • Trading account

  • Profit and Loss account

  • Balance sheet

  • Manufacturing account

MCQ
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उत्तर

Trading account

Explanation:

A Trading account may be defined as an account prepared to ascertain a business concern’s gross profit or gross loss for a given time period.

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पाठ 7: Final Accounts of Sole Proprietorship - EXERCISES [पृष्ठ ११५]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 7 Final Accounts of Sole Proprietorship
EXERCISES | Q 1. | पृष्ठ ११५
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