prepare trading and profit loss account, balance sheet and trial balance
Attachments:
Answers
Answered by
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
0
Answer:
gross profit 52000 net profit 29520 balance sheet 32800
Similar questions