Accountancy, asked by TbiaSupreme, 1 year ago

The amount by which the credit side of Trading account exceeds the debit side is called:
1. Net loss.
2. Gross Profit.
3. Gross Loss.
4. Net Profit

Answers

Answered by sachinarora2001
6
ANSWER ➡️➡️ GROSS PROFIT..



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Answered by Ujjawal178
1
Hello !

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Option ( 3 ) Gross Profit is the Answer !!

The amount by which the credit side of trading account exceeds the debit side is called Gross Profit
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Thanks❤
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