Fill in the blank:Gross Profit is transferred to ___________ Account. - Book Keeping and Accountancy

Fill in the Blanks

Fill in the blank:
Gross Profit is transferred to ___________ Account.

Gross Profit is transferred to Profit and Loss Account.

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. 1) | Page 317

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