There are ___ elements of profit and loss Account HomeFinancial Accounting MCQsThere are ___ elements of profit and loss AccountQ. There are ___ elements of profit and loss Account.A. TwoB. ThreeC. FourD. FiveAnswer: Two
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