No profits and Loss Appropriation Account is prepared in case of a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company. | Faculties

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Mr. Dubey

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📊 Corporate Accounting

Q. No profits and Loss Appropriation Account is prepared in case of a ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ company.

(A) Company
(B) Partnership
(C) Banking company
(D) None of these,

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✅ Correct Answer: (C) Banking company

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