Question

Income tax paid by a sole trader is shown



1.on the Dr side of Trading a/c

2.on the Dr side of p&l a/c

3.By way of deduction from capital in the Balance sheet

4.By way of addition to capital in the Balance sheet

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Answer 1

Answer:

1.. . . . . . ... .. .. ... . . . . .

Answer 2

Answer:

hear is your answer

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