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Accounting Equation and Business Transactions — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountAccounting Equation and Business Transactions1 Mark
MCQ
Under equation system, the effect of transactions directly goes to _____________ .
  • A
    Profit and loss account
  • B
    Trading account
  • C
    Balance sheet
  • D
    Profit and loss appropriation account
✓

Answer

self

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