hey guys can u give meaning of trading account & profit ACC. ??
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Answer:
Trading Account is an account that is prepared by the entities to know the profit earned or loss suffered from trading activities. On the other hand, Profit & Loss account is an account created to ascertain the net profit or loss for the period. This article excerpt deals with the difference between trading and profit & loss account.
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Explanation:
An electric current is sent through the variable resistor to which a float is connected, so that the value of resistance depends on the fuel level. In most automotive fuel gauges such resistors are on the inward side of the gauge, i.e., inside the fuel tank.
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