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The unfavorable balance of Profit and Loss account should be

This question belongs to Commerce Accounting
Accounting
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The unfavorable balance of Profit and Loss account should be

Answer & Solution
Correct Answer: Option C
Loss is subtracted from capital account and profit is added to capital account.
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Ashwini Dhanva
Ashwini Dhanva 8 years ago
The unfavorable balance of Profit and Loss account should be
C. Subtracted from capital
Why
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