MCQOPTIONS
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				| 1. | 
                                    Profit to be transferred to P& L A/c , if the contract is complete to the extent of only 20% is _____. | 
                            
| A. | nil | 
| B. | 20% | 
| C. | 25% | 
| D. | 75% | 
| Answer» B. 20% | |