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Trading and Profit and Loss Accounts

  • P. Stevens
Chapter
Part of the Macmillan Work Out Series book series (MCWO)

Abstract

The trading and profit and loss account is prepared to calculate and show in detail the profit or loss for an accounting period of the business. It is divided into two sections (or accounts) — the trading section and the profit and loss section.

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Copyright information

© P. Stevens 1987

Authors and Affiliations

  • P. Stevens

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