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Distinguish profit and loss a/c and profit and loss appropriations a/c on the basis of closing balance.
Most Upvoted Answer
Distinguish profit and loss a/c and profit and loss appropriations a/c...
P/l a/c neither has opening bal nor closing balp/l appro a/c may hv opening as well as closing bal
Community Answer
Distinguish profit and loss a/c and profit and loss appropriations a/c...
Profit n loss a/ c is for outside payment n profit n loss apprpriation a/c is for partners payment
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Distinguish profit and loss a/c and profit and loss appropriations a/c on the basis of closing balance.
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Distinguish profit and loss a/c and profit and loss appropriations a/c on the basis of closing balance. for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Distinguish profit and loss a/c and profit and loss appropriations a/c on the basis of closing balance. covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Distinguish profit and loss a/c and profit and loss appropriations a/c on the basis of closing balance..
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