Question on: JSS3 Business studies - Forms of trial balance

What is the purpose of the trading account?

View related lesson
A

To calculate net profit

B

To determine the gross profit (or loss) 

C

To list current assets

D

To identify long-term liabilities

Ask EduPadi AI for a detailed answer
Correct Option: B

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses