Rent, rates and taxes is an example of d...

Rent, rates and taxes is an example of direct expenses.

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NCERT-FINANCIAL STATEMENTS - I-TEST YOUR UNDERSTANDING-I

Gross profit is total revenue
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In trading and profit and loss account, opening stock appears on the d...
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Rent, rates and taxes is an example of direct expenses.
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If the total of the credit side of the profit and loss account is more...
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Match the items given under ‘A’ with the correct items under ‘B’
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