Question

treatment of deposit given in t trail balance recorded profit and loss account or balance sheet​

Answer 1

Any profits not paid out as dividends are shown in the retained profit column on the balance sheet. The amount shown as cash or at the bank under current assets on the balance sheet will be determined in part by the income and expenses recorded in the P&L.

Answer 2

Answer:

The balance ♎⚖️ sheet the amount shown as cash or at the bank under current assets on the balance ⚖️ sheet will be determined in part by the income and expenses recorded .

Explanation:

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