Accs
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 March 2012
what i memorandum trading account ?
Guest
Guest
(Expert)
05 March 2012
It is a provisional trading account used to calculate the gross profit & net profit ratio in case of fire claims. It is prepared from 1-4 till date of fire.
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