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Debit balance of profit and loss account

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Querist : Anonymous (Querist)
20 October 2014 what is meaning of debit balance of profit and loss account.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 October 2014 the debit balance means the loss in the profit & loss a/c
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Vishnu Saboo

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Vishnu Saboo (Expert)
21 October 2014 Debit balance denotes to loss.
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