Accountancy, asked by gauravkarsh8, 9 months ago

sales in trading profit and loss account​

Answers

Answered by kartik851
0

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.

MARK AS BRANILIEST

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