how to do FINAL ACCOUNTS explain in easy english and step by step
.which comes is trading a/c
.which comes in profit and loss a/c
which comes in balance sheet
please certain places make it bold so that i understand
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1) Opening Stock, Net Purchases and all direct expenses like wages, octroi, dock dues are DR. on Trading Account
2) Net Sales and Closing are always on CR. side on Trading Account
2) Net Sales and Closing are always on CR. side on Trading Account
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stellawilly30:
im from mahrastra board
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