App Logo

No.1 PSC Learning App

1M+ Downloads
The Trading Account is prepared to ascertain the ____________

AWorking results

BNet profit

CGross Profit

DNone of these

Answer:

C. Gross Profit


Related Questions:

The platform where communication technology and information technology are merged to suit core needs of banking is known as :
________ is the second item to be appeared under capital and liabilities in the Balance Sheet of a banking company.
A bill endorsed or delivered to a person with the understanding that it will be paid only if certain conditions are fulfilled is known as :
Dividend declared by Board of Directors in between two An- nual General Body meeting is known as :
Expenditure incurred during the period and full benefit obtained in the same period ______ expense