Accounts and Finance
Step 1 Basic of Accounts - Debits and Credits

Q 2 - Suppose a shopkeeper purchases goods for 10000 and sells for 8000 What is Purchase,Sales and Profit?

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If there is Profit in P&L,it is shown on Left Side
If there is Loss,it is shown on Right Side

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.