A

Admin • 831.35K Points
Coach

Q. Net profit is calculated in which account?

  • (A) Capital Account
  • (B) Trading Account
  • (C) Profit and Loss Account
  • (D) Balance Sheet
  • Correct Answer - Option(C)
  • Views: 11
  • Filed under category Accounting
  • Hashtags:
Explanation by: Admin
Net profit is found in the Profit and Loss Account.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.