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प्रश्न
Write the word / term / phrase which can substitute the following Statement.
The method in which Trading Account, Profit and Loss Account and Balance Sheet can be prepared.
एक शब्द/वाक्यांश उत्तर
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उत्तर
Double entry system
Explanation: Under double-entry system, Trading Account, Profit & Loss Account and Balance Sheet form part of financial statements. Hence, both of these are prepared at the end of accounting period.
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