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Commerce · Q2090

Accounting

Graduate and Post Graduate · Commerce · question 2090

Q2090

It is given in adjustment that during the accounting year, the trader distributed goods worth Rs. 5,000 as free samples. While preparing Final Accounts, this will be shown in

A.
Profit and Loss Account
B.
Both in Trading and Profit and Loss Account
Answer
C.
Trading Account
D.
Balance Sheet

Answer: Option B

Solution

Answer: Option B
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