Bissoy.com
Doctors Medicines MCQs Q&A

Give a word, term, or phrase which can substitute each of the following statements:

(i) Debit balance of Trading Account.

(ii) The credit balance of the Trading Account.

(iii) Debit balance of Profit and Loss Account.

(iv) The credit balance of Profit and Loss Account.

(v) A debt that cannot be recovered.

4 views

1 Answers

(i) Gross Loss

(ii) Gross Profit

(iii) Net Loss

(iv) Net Profit

(v) Bad debts

4 views

Related Questions