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What does the Trading Account of a non-manufacturing business entity primarily show?a)The net profit or net loss of the businessb)The financial position of the businessc)The gross profit or gross loss from salesd)The total assets and liabilities of the businessCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about What does the Trading Account of a non-manufacturing business entity primarily show?a)The net profit or net loss of the businessb)The financial position of the businessc)The gross profit or gross loss from salesd)The total assets and liabilities of the businessCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the Trading Account of a non-manufacturing business entity primarily show?a)The net profit or net loss of the businessb)The financial position of the businessc)The gross profit or gross loss from salesd)The total assets and liabilities of the businessCorrect answer is option 'C'. Can you explain this answer?.

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