i. All indirect/operating expenses are transferred to _______ account. ii. Interest of proprietor’s drawing is credited to ________ account.

Monjur Alahi

Fill in the blank:

i. All indirect/operating expenses are transferred to _______ account.

ii. Interest of proprietor’s drawing is credited to ________ account.

iii. An excess of debit over credit in the Profit & Loss A/c represents the _______

iv. All direct expenses are transferred to _______ account.

v. Balance Sheet is _____________ of assets & liabilities.


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Salim Ahmed Kawsar

Call

i. Profit and Loss A/c

ii. Profit and Loss A/c

iii. Net Loss

iv. Trading A/c

v. Statement

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