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  9. Q18
Question 18

Why are adjustments in the profit loss account necessary?

  • A.To cover some expenses of the following year.
  • B.To ascertain the actual expenses during the year.
  • C.To show the provisions made during the year.
  • D.To show the total expenses paid and income received during the year
Objective

Question details

Exam body
UI
Subject
Financial Accounting
Year
2019/2020
Question no.
#18
Type
Objective
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