Accounting MCQs FPSC Past Papers Pakistan Military Accounts Department (PMAD) Senior Auditor (SA)

Trading & Profit & loss account and balance sheet is prepared from:

  • Cash book and bank book
  • Trial balance
  • Ledger balances, cash and bank balances
  • Ledger balance
  • b
  • Trading & Profit & Loss account provides information about profit and loss through different trading activities and also shows profit and loss for the specific period.

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