Ask a Question

Which of the following is prepared to find out the income of a trading concern?

0 votes
122 views
in Accountancy by (98.9k points)
edited
Which of the following is prepared to find out the income of a trading concern?

A. Receipts and Payments a/c
B. Income and Expenditure a/c
C. Profit and Loss a/c
D. Balance Sheet.

1 Answer

0 votes
by (98.9k points)
edited
C. Profit and Loss a/c

Related questions

0 votes
1 answer 105 views
At the time of retirement of a partner, account is prepared. (a) revaluation A/c
asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)
0 votes
1 answer 119 views
Which of the following is not transferred to Realisatsion Account ?
asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)

Doubtly is an online community for engineering students, offering:

  • Free viva questions PDFs
  • Previous year question papers (PYQs)
  • Academic doubt solutions
  • Expert-guided solutions

Get the pro version for free by logging in!

Most popular tags

jeemain geography-10th engineering physics semester 5 web computing

5.7k questions

5.1k answers

108 comments

563 users

Doubtly
...