in Trading account intrest paid and intrest on lone which side we are write debit side ya credit side
Answers
Answered by
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 .
Similar questions