A

Admin • 833.24K 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: 20
  • Filed under category Accounting
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Explanation by: Admin

Net profit is found in the Profit and Loss Account.

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