Accountancy, asked by rr8765096, 6 months ago

rent owning trading a /c or profit and loss account​

Answers

Answered by swethiiimiriyala
0

Answer:

profit & loss a/c

Explanation:

direct expenses & direct incomes are written in trading a/c where as indirect expense and indirect income are written in profit and loss a/c.

As rent being indirect, it will be in p&l a/c.

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