MCQOPTIONS
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MCQOPTIONS
| 1. |
The Profit and Loss Account shows the |
| A. | Financial results of the concern for a period |
| B. | Financial position of the concern on a particular date |
| C. | Financial results of the concern on a particular date |
| D. | Cost of goods sold during the period |
| Answer» B. Financial position of the concern on a particular date | |