Maharashtra State BoardHSC Commerce 11th
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Fill in the blank :All indirect / operating expenses are transferred to ________ account. - Book Keeping and Accountancy

Fill in the Blanks

Fill in the blank :
All indirect / operating expenses are transferred to ________ account.

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Solution

All indirect/operating expenses are transferred to Profit and Loss Account.

Concept: Profit and Loss Account
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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
Exercise Q.5 | Q 6 | Page 317
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