Accountancy, asked by Saron7088, 1 year ago

Profit is shown on which side of balance sheet

Answers

Answered by ritumalara
0
Profit is shown on credit side,
Bcoz this is our asset
Answered by sujiritha95
0

as per companies act 2013 , schedule 3


profit is disclosed in liabilities side of balance sheet


its come under reserve and surplus head



Hope its usefull.!!!


sujiritha95: pls mark it as brainliest answer
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