Accountancy, asked by mayureshpashte88, 4 months ago

Profit and loss Debit balance should be​

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Answered by azadmir392
3

Explanation:

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Answered by shanthikumari069
0

Answer:

The debit balance of a profit and loss account denotes Loss . Debit balance of the profit and loss account shows that the expenses were more than the incomes.

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