Question: Indicate by choosing the correct option whether the following statement is true or false: At the end of the financial year, the loss calculated in

Indicate by choosing the correct option whether the following statement is

Indicate by choosing the correct option whether the following statement is true or false: At the end of the financial year, the loss calculated in the profit or loss account in the general ledger is to transferred to the capital account by debiting the profit or loss account and crediting the capital account. Select one: True Ealse

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love of humour, often as a device to lighten the occasion;

orderliness, patience and seeing a task through;

well defined status and roles (class distinctions);