Home » Accounts (Principles of Accounts) » Gross profit is calculated in theGross profit is calculated in the Gross profit is calculated in the A. trading account B. profit and loss account C. appropriation account D. partners current account Correct Answer: Option A Explanation Related Posts Sam’s share of profit is The accounting entries to record a cheque issued by a business is to In the balance sheet of a social club, subscription owing is treated as a Financial accounting information is for The addition of prime cost, indirect cost and opening work-in-progress less the closing work-in-progress will… Which of the following belongs to the normal ledger?
The addition of prime cost, indirect cost and opening work-in-progress less the closing work-in-progress will…