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

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Question

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

Fill in the Blanks
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Solution

Debit Balance of Trading Account indicates gross loss.

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

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 9 Final Accounts of a Proprietary Concern
EXERCISE | Q 5. 2) | Page 317
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