Multiple Choice Questions on the items written on the dr side of profit and loss account are ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

the items written on the dr side of profit and loss account are ........

General Accounting Principles Accounting cycles
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    the items written on the dr. side of profit and loss account are

    gross loss

    Incorrect Answer

    office and administrative expenses 

    Incorrect Answer

    selling and distribution expenses

    Incorrect Answer

    all of the above

    Correct Answer
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    Explanation:

    on debit side of P& L a/c all the expenses and losses are shown i.e. gross loss, office and administrative expenses, selling and distribution expenses and miscellaneous expenses

    By: SWAPNIL AGGARWAL
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