___ is not a part of books of account HomeFinancial Accounting MCQs___ is not a part of books of accountQ. ___ is not a part of books of account.A. Trial balanceB. P & L A/cC. Trading A/cD. Balance sheetAnswer: Trial balance
Rohit carrying on real estate business sold a piece of land for Rs.4,00,00,000 (cost Rs.3,50,00,000) then the type of receipt is nature and profit on sale is