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Explain the nature of profit and …

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Explain the nature of profit and loss appropriation account in terms of modern rules of debit and credit

    • Posted by Kavya S 6 years, 4 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Preeti Sihag 6 years, 4 months ago

    Nominal a/c...Dr...all expenses and losses Cr...all incomes and gains

    0Thank You

    Himanshu Jha 6 years, 4 months ago

    All expenses and losses are debited and any gain is credited in profit and loss account .

    1Thank You

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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    • Posted by Palak Kumari 3 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    CBSE > Class 12 > Accountancy
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    • Posted by Palak Sharma 1 year, 5 months ago

    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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