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Items of trading account P/L A/c …

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Items of trading account P/L A/c & Balance sheet
  • 2 answers

Himanshu Jha 7 years ago

And balance sheet :- We use assets, liability and capital
Items included in the debit side of the trading account *Opening Stock: Opening stock consists of raw materials , work in progress and finished goods depending upon the nature of business. *Purchase. Purchase includes both credit purchase and cash purchase. ... *Purchase Returns. Purchase returns is appear in the credit side of trial balance. ... *Direct Expenses.
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