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22-09-2019
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how do we prepare the profit and loss account for partnership

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Adhamsobhy2610 Adhamsobhy2610

22-09-2019

Answer:

It includes the balance of stocks at the start and end of the year. The main purpose of this account is to determine Gross Profit which is difference between the revenue from trading and the cost of sales. The purpose of the profit and loss account is to.

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