Trading and Profit & Loss Account is prepared: (a) At the end of calendar year(b) At the beginning of the accounting year(c) On every Diwali(d) At the end of accounting year

Trading and Profit & Loss Account is prepared: (a) At the end of cale

1.	Trading and Profit & Loss Account is prepared: (a) At the end of calendar year(b) At the beginning of the accounting year(c) On every Diwali(d) At the end of accounting year
Answer» Trading and Profit & Loss Account is prepared At the end of accounting year.

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Trading and Profit &amp; Loss Account is prepared: (a) At the end of calendar year(b) At the beginning of the accounting year(c) On every Diwali(d) At the end of accounting year

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Trading and Profit & Loss Account is prepared: (a) At the end of calendar year(b) At the beginning of the accounting year(c) On every Diwali(d) At the end of accounting year