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  3. 12th Class
  4. Accountancy
  5. Financial Statement Of Company

12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    In a company's balance sheet, debit (negative) balance of statement of profit and loss is shown under:

    A) Non-current Liabilities

    B) Current Liabilities

    C) Non-current Assets

    D) Reserves and Surplus

    Correct Answer: D

    Solution :

    [d] Reserves and Surplus


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