Accountancy, asked by gauravkarsh8, 11 months ago

sales in trading profit and loss account

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Answered by kartik851

Answer:

Trading account is an account which indicates the result of trading activities, such as purchase and sale of products. Profit & loss account is an account, representing the actual profit earned or loss sustained by the business during the

accounting period. It is prepared to ascertain gross profit for the period.

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sales in trading profit and loss account​

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sales in trading profit and loss account