Accountancy, asked by 05fizakhan, 6 months ago

in Trading account intrest paid and intrest on lone which side we are write debit side ya credit side ​

Answers

Answered by sushilabhardwaj
1

Answer:

In order to arrive at the balance sheet of a business, one needs to prepare the trading account and profit and loss account first. This account is prepared to arrive at the figure of revenue earned or loss incurred during a period. Let us understand the trading account and profit and loss account in detail.

Explanation:

i hope it's helpful for you .

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