Advertisement Remove all ads

Select the most appropriate alternatives given below and rewrite the sentence :Discount earned is transferred to credit side of ___________ account - Book Keeping and Accountancy

MCQ

Select the most appropriate alternatives given below and rewrite the sentence :
Discount earned is transferred to credit side of ___________ account

Options

  • Current A/c

  • Profit & Loss

  • Trading

  • Capital

Advertisement Remove all ads

Solution

Discount earned is transferred to credit side of Profit and Loss Account.

Concept: Profit and Loss Account
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 9 Final Accounts of a Proprietary Concern
Exercise Q.3 | Q 2 | Page 316
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×