Question

(10X1
YLARSEM. 11
SECTION - A
ANSWER ALL THE QUESTIONS
1. Profit and Loss Account is prepared
a) At a particular point of time
b) On fixed date
c) For a certain period
d) All of these
2. Carriage outwards is an example of
a) Direct Expenses
b) Direct Income
c) Indirect Expenses
d) Indirect Income​

Answer 1

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Answer 2

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