Challenger App

No.1 PSC Learning App

1M+ Downloads
Trading and P&L account is also called _________

ACapital account

BRevenue account

CDrawing account

DNone of these

Answer:

B. Revenue account


Related Questions:

If delcredere commission is granted, bad debts are borne by :
When loans and advances are given the relationship of bank with customer is :
Written evidence for a payment in cash is called ?
The amounts or debts owing by the business is called ___________
The unclaimed dividend will be shown as :