Accountancy, asked by anniesanthosh714, 3 months ago

Income received in advance, if given in
trial balance is shown in:​

Answers

Answered by dhruvraj1611
0

Answer:

Income Received in advance, if given in the Trial Balance is shown in. Trading Account, as deduction form the income. ... Profit and loss account, as deduction form the expense and in the balance sheet, as a liability.

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