Fill in the blank :Debit Balance of Trading Account indicates ___________ - Book Keeping and Accountancy

Fill in the Blanks

Fill in the blank :
Debit Balance of Trading Account indicates ___________

Debit Balance of Trading Account indicates gross loss.

Concept: Trading Account

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Chapter 9: Final Accounts of a Proprietary Concern - Exercises [Page 317]

Chapter 9 Final Accounts of a Proprietary Concern
Exercises | Q 5. 2) | Page 317

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