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Answer in One Sentence:What is a Trading A/c? - Book Keeping and Accountancy

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One Line Answer

Answer in One Sentence:
What is a Trading A/c?

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Solution

An account which gives the overall preview of all trading activities of a business firm, known as Trading Account.

Concept: Introduction of Final Accounts
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 9 Final Accounts of a Proprietary Concern
Exercises | Q 1. 1) | Page 316
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