(i) Gross Profit is transferred to _________ account.
Fill in the blanks :
(i) Gross Profit is transferred to _________ account.
(ii) Debit Balance of Trading Account indicates _________
(iii) Income Receivable appears on ________ side of Balance Sheet.
(iv) Interest on Bank Loan is debited to __________ A/c.
(v) Profit and Loss Account is prepared to find out _________ results of the business.
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(i) Profit & Loss Account
(ii) Gross Loss
(iii) Asset
(iv) Profit & Loss Account
(v) Networking
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