Accountancy, asked by sahil8338, 5 months ago

Profit and loss a/c records
expensses related to trade.
O indirect
direct
normal
manufacturing

Answers

Answered by AA6923
1

Answer:

Profit and Loss account records Indirect expenses to figure out Net Profit/Loss

Explanation:

Direct expenses are recorded in Trading Account while indirect expenses are recorded in profit and loss account

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