Net profit is calculated in the (A) Trading account (B) Profit and loss account (C) Trial balance
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Net profit is calculated in the
(A) Trading account (B) Profit and loss account (C) Trial balance (D) Statement of financial position
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The correct answer is B Profit and loss account Net profit is calcula...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9781292084664
13th Edition
Authors: Alan Sangster, Frank Wood
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