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In profit and loss app. A.c., …

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In profit and loss app. A.c., int on loan will be shown in the a.c. and on which side....
  • 9 answers

Himanshi Kumari 5 years, 4 months ago

It is not shown in p/l app. A/c but while transferring profit to app A/c will be deducted frm it ?......

Devansh Dhiman 5 years, 4 months ago

☺☺

Jatt Sidhu 5 years, 4 months ago

?

Praneet Kaur 5 years, 4 months ago

Welcome

Devansh Dhiman 5 years, 4 months ago

Thanks

Praneet Kaur 5 years, 4 months ago

Intt on 30000 will be Dr.to profit and loss Account

Devansh Dhiman 5 years, 4 months ago

Ok

Devansh Dhiman 5 years, 4 months ago

Adjustment is .......int on the loan advanced by A for the whole year , the Amt of loan being 30000.....

Praneet Kaur 5 years, 4 months ago

Intt on loan will be shown in profit and loss Account on Dr side not in Profit and loss appropriation account
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