Accountancy, asked by arjunsenthil, 6 months ago

prepare trading and profit loss account, balance sheet and trial balance​

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Answered by mehathakur2007
23

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.

Answered by amanpratap847
0

Answer:

gross profit 52000 net profit 29520 balance sheet 32800

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