Accountancy, asked by ratnasingh2005, 10 months ago

give specimen of profit and loss account of a bank and explain its each head.

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Answered by Nityam06

Answer:

Specimen of Profit and Loss Account | India | Banking Companies. Article shared by : ... Banking companies are required to prepare their Profit and Loss Account according to Form B in the Third Schedule. Form B is in a summary form and the details of various items are given in the Schedules.

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