Question
Which of the following is to be recorded in a profit and loss account?
Answer: Option C
:
C
Profit on sale of fixed asset is to be recorded in a profit and loss account.
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:
C
Profit on sale of fixed asset is to be recorded in a profit and loss account.
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More Questions on This Topic :
Question 2. Depreciation on fixed assets is _________.....
Question 10. Gross profit less expenses is known as:....
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